Asana reportedly expanding its SF offices, bucking industry trends

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The offices were occupied by Macy's prior to this takeover.

The corporate productivity company Asana is growing its corporate footprint in the city by 71,000 square feet, as firstAsana, co-founded by Facebook co-founder Dustin Moskovitz, is subleasing more office space at 633 Folsom Street in SoMa, where the company is already headquartered. It's taking over space that was previously home to Macy’s San Francisco offices, according to the Business Times. The New York retailer shuttered its offices in the city in 2020.

With this expansion, the productivity company is investing in city real estate during a particularly troubling time for the tech industry at large. Wednesday, including a decline in yearly revenue for the first time since the company went public, while both Alphabet and Microsoft announced misses on both earnings and revenue estimates.

 

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Just wait until Asana workers will get robbed

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