COVID-19: Moving companies profit as tech workers leave Silicon Valley - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Moving companies are Silicon Valley's new booming businesses as techies flee town to work remotely

Services are in high demand as tech workers leave the region now that they can work remotely because of COVID-19.Entire companies are ditching their offices and moving their furniture into storage as they pivot to remote-first business models.It has major consequences for the region's future — and is great news for the businesses hauling their belongings.

Their comments add to the growing pile of evidence that COVID-19 and the associated wave of remote work will radically reshape Silicon Valley, the heart of America's tech industry, for years to come — including impacting the region's sky-high residential and commercial real estate prices. Moves associated with sales of family homes are down, he said. but there has been a major uptick in moves from apartments and shared properties. "Most of them move home, from where they were ... instead of paying $2,000 for their 20-square-foot apartment downtown, they're moving back home."

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:

 /  🏆 729. in SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

6 Trump campaign staff test positive for COVID-19 ahead of rally - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 1. She has a ticket to the event 2. She was not doing anything but sitting there 3. She has a 1st amendment right to be there 4. TulsaPolice + realDonaldTrump both violated her constitutional rights 5. Lawyers will follow - Taxpayers will pay. 6. This is called FASCISM What?! Mass protests in every liberal city in America and you complained about this?! You have lost all credibility... Any shred you had left Key word... test yes they did that which is more than any protester did before days of massive protests!!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump has US winning COVID-19 infections, unemployment, protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. MichaelGordonUS
Source: BusinessInsider - 🏆 729. / 51 Read more »