Timeshare Comes to the Office: Companies Save Money on Space by Alternating Days
Originally published on October 24, 2022, by Konrad Putzier for The Wall Street Journal.
Hybrid work schedules for most companies mean splitting time between remote work and time in the office. For the startup Frontier Talent Inc., it also means rotating through the same office space with another company.
Frontier employees head to their San Francisco office on Mondays, Wednesdays and Thursdays. After two of those days, they pack their laptops, clean up their desks and throw away any trash so their work area will be clean when another company moves in for its turn using the space.
Thousands of companies across the U.S. are still grappling with exactly how much office space they need when many employees are in the workplace only part of the week. A growing number of companies now let their employees work part-time from home but still want them to be together in the office at least a few days a week to foster collaboration. That means offices are either mostly full or mostly empty, depending on the day of the week.