Lyft parts with 250k square feet of San Francisco office space - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Lyft's S.F. headquarters was designed to foster fun and collaboration, yet it is not enough to bring employees back after experiencing more than two years of remote work.

Lyft Inc. is planning a major space reduction at its San Francisco headquarters, citing its shift to a flexible work model.it will begin by shedding 85,000 square feet at 185 Berry St. in China Basin once its lease for that space expires in the first quarter of 2023.

“While we continue to believe that in-person connections are important, many of our team members opted to work remotely after we shifted to a flexible workplace strategy," said on Tuesday. With San Francisco included, the company's corporate offices in those locations total 615,000 square feet, and it plans to make a total of 275,000 square feet across the four locations available for subleasing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The truth is the workers probably took 2nd jobs where they are required to show up

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 78. in CA

Canada Canada Latest News, Canada Canada Headlines