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Setting specific goals, conducting virtual meetups and welcoming employee feedback can all create a healthy foundation for a remote workforce.

"We have 210,000 people and there’s literally 210,000 different views of what people want,” said Brian Moynihan, CEO of Bank of America.

The antithesis of mass layoffs, companies have begun “labor hoarding” their workforce in an effort to maintain some semblance of normalcy.

NBBJ introduced what it refers to as a “postures matrix,” a guidance tool that allows firms to adjust furniture based on the needs of employees at the time.

“Offices need to be central places to collaborate and connect with co-workers, which is what employees are looking for most right now.”

Through the company’s offerings, businesses can hire top talent internationally and offer employees and contractors access to all work-related benefits and expertise.

Despite demand for flexible work schedules emerging as a highly sought-after workplace perk, banking companies are more interested in getting back to business as usual.

According to billionaire Carlos Slim, the increased reliance on technology in the workplace means that people themselves can work less.

San Francisco’s downtown once accounted for 70% of tax revenue and 40% of jobs, but the increased embrace of remote work has threatened the future of the city’s economy.

WeWork COO Samit Chopra says that enterprise companies are increasingly leaning on these workspaces to cut costs and accommodate the growing demand for flexible work arrangements.