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Remote Work Is Killing the Hidden Trillion-Dollar Office Economy
From airlines to Starbucks, a massive part of our economy hinges on white-collar workers returning to the office.
Medium,
2020
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Steve LeVine, editor-at-large of Medium, reminds readers of the small businesses that catered to, fed, dressed, entertained and cleaned up after office workers and commuters. Hotels, airlines, dry cleaners, restaurants, upscale clothiers and janitorial firms served that workforce…until it was gone. Some offices may reopen, at half staff, but some firms have canceled their office leases and declared remote work permanent. LeVine finds that airlines, hotels, vendors and urban office centers must lower rents and fees, downsize and re-invent themselves, or die.
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About the Author
Steve LeVine is editor-at-large for Medium, reporting on tech, science and demographic issues to interpret today’s turbulence.
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