Tag: office buildings
The Next Crisis Will Start With Empty Office Buildings
“I’m about to cancel all my Zoom meetings.” It was May 2021, and Jamie Dimon had had enough. The JPMorgan Chase CEO expected that “sometime in September, October,” the company’s office would “look just like it did before.” Two years later, his company is slashing its Manhattan footprint by a fifth.
Post-pandemic, kids are back in school, retirees are back on cruise ships, and physical stores are doing better than expected. But offices are struggling perhaps more than most casual
Hybrid Work Is Doomed – The Atlantic
I noticed the shoes first. That I was wearing them. Real shoes, the leather kind, with laces. After a year and a half, I was finally returning to the office, and that meant giving up the puffer slippers and slides that had sustained me for so long. Real shoes, I quickly remembered, are terrible. Likewise pants. Likewise getting to work, and being at work. Whew.
That was summer 2021. I’ve since acclimated to the office once again: I don
There May Be a Blunt-Force Fix for Inflation
This is an edition of Up for Debate, a newsletter by Conor Friedersdorf. On Wednesdays, he rounds up timely conversations and solicits reader responses to one thought-provoking question. Later, he publishes some thoughtful replies. Sign up for the newsletter here.
Question of the Week
Pick your poison: high inflation or a recession. Which would you prefer and why?
Send responses to [email protected] or reply to this email.
Conversations of Note
What if the Fed raised interest rates by 2 percentage
The Kleptocrats Next Door
In 2010, things started going wrong at the steel plant in Warren, Ohio, a Rust Belt town that went on to cast its votes twice for Donald Trump. A cooling panel started leaking, and the furnace operator didn’t see the leak in time; the water hit molten steel, leading to an explosion that sent workers to the hospital with burns and severe injuries. A year later, another explosion caused another round of destruction. A federal … Read more