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Morgan Stanley Report Shows Big Companies Are Going Hybrid
Tags: BUSINESS

Morgan Stanley Report Shows Big Companies Are Going Hybrid

 A new Morgan Stanley report shows that most Fortune 500 companies do not have plans to return to the office five days a week.

The report tracking return-to-office plans across 61 major U.S. companies showed that 69% are adopting a hybrid work model moving forward.

Additionally, just 10% of firms showed a preference for office working, which is not surprising as the Delta variant caused companies to postpone their return-to-office plans until next year.  

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    Although there is no concrete prediction on what the future of the workplace will look like, it is certain to operate much differently and serve a new purpose.

    While just 34% of companies started bringing in staff during the third quarter, Morgan Stanley analysts believe that figure could grow to 70% by the end of March 2022. Still, this means another 30% of companies would continue to work flexibly.

    Despite the office seeing life and some cities experiencing an uptick in occupancy and activity, it’s clear that returning to pre-pandemic levels may take longer than expected.

    ABOUT Aayat Ali
    Aayat Ali

    Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

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