{"id":1846,"date":"2022-10-14T11:36:51","date_gmt":"2022-10-14T03:36:51","guid":{"rendered":"https:\/\/ones.software\/blog\/?p=1846"},"modified":"2023-06-02T10:20:10","modified_gmt":"2023-06-02T02:20:10","slug":"meta-reduces-its-office-space-as-its-hybrid-work-transitions","status":"publish","type":"post","link":"https:\/\/ones.software\/blog\/2022\/10\/14\/meta-reduces-its-office-space-as-its-hybrid-work-transitions\/","title":{"rendered":"Meta reduces its office space as its hybrid work transitions\u00a0"},"content":{"rendered":"\n<p><a href=\"https:\/\/about.meta.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Meta<\/a>, the parent company of Facebook and Instagram, decides to implement hybrid work and allows most of its employees are continuing to work from home. Meta plans to <a href=\"https:\/\/www.foxbusiness.com\/markets\/facebook-parent-meta-shrink-some-offices-adapts-hybrid-work\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">reduce the rent and operation costs by decreasing its office space<\/a>.&nbsp;<\/p>\n\n\n\n<!--more-->\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ones.software\/blog\/2022\/10\/14\/meta-reduces-its-office-space-as-its-hybrid-work-transitions\/#Metas_hybrid_working_arrangement\" title=\"Meta&#8217;s hybrid working arrangement\">Meta&#8217;s hybrid working arrangement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ones.software\/blog\/2022\/10\/14\/meta-reduces-its-office-space-as-its-hybrid-work-transitions\/#Why_does_Meta_seek_hybrid_work\" title=\"Why does Meta seek hybrid work?\">Why does Meta seek hybrid work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ones.software\/blog\/2022\/10\/14\/meta-reduces-its-office-space-as-its-hybrid-work-transitions\/#What_is_the_requirement_to_implement_hybrid_work\" title=\"What is the requirement to implement hybrid work?&nbsp;\">What is the requirement to implement hybrid work?&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Metas_hybrid_working_arrangement\"><\/span>Meta&#8217;s hybrid working arrangement<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Meta has given its employees a wide degree of flexibility to determine how they work. It has offered most employees the option to do their jobs remotely full-time or to select a mix of in-office and homework.&nbsp;<\/p>\n\n\n\n<p>Although Meta also plans to open new offices in some locations, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-10-04\/meta-is-closing-one-new-york-office-with-cutbacks-looming#xj4y7vzkg\" target=\"_blank\" rel=\"noreferrer noopener\">Bloomberg<\/a> reported earlier that Meta will exercise its option to terminate its lease in that area.&nbsp;<\/p>\n\n\n\n<p><strong>The vice president of global facilities and real estate at Meta,<em> John Ternanes <\/em><\/strong>said that while reviewing Meta&#8217;s office space, he discovered that some of the existing office leases were about to expire. <\/p>\n\n\n\n<p>He is planning to combine the floors of several existing buildings into one floor after the leases expire and allow employees to continue to work remotely.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_does_Meta_seek_hybrid_work\"><\/span>Why does Meta seek hybrid work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Meta CEO<\/strong>, <strong><em>Mark Zuckerberg<\/em><\/strong>, has decided to take a number of steps, such as implementing a hiring freeze, to reduce the company&#8217;s costs, and informing employees at an all-staff meeting last Thursday, according to people familiar with the matter.&nbsp;<\/p>\n\n\n\n<p>&#8220;One of our jobs is to recalibrate our space,&#8221; <em>Tenanes <\/em>said.&nbsp;<\/p>\n\n\n\n<p>Nationally, the average office occupancy in 10 major U.S. cities has recently hit pandemic-era highs but <strong>remains below 50%<\/strong>, according to data from security provider <a href=\"https:\/\/www.kastle.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Kastle Systems<\/a>.&nbsp;<\/p>\n\n\n\n<p>&#8220;At the end of June, Meta had 83,553 employees, but Meta&#8217;s offices are now less than 50 percent full&#8221;, <em>Ternanes <\/em>said.&nbsp;&nbsp;<\/p>\n\n\n\n<p>&#8220;Before the pandemic, the company\u2019s offices <strong>were about 75% occupied on any given today<\/strong>,\u201d&nbsp; <em>Ternanes<\/em> added.&nbsp;<\/p>\n\n\n\n<p>Office occupancy remains down across the company, therefore, adopting a<strong> hybrid office allows Meta to reduce its unnecessary workspace or redesign it into a more dynamic place.<\/strong>&nbsp;&nbsp;<\/p>\n\n\n\n<p>More details of the benefits of hybrid work:&nbsp; <a href=\"https:\/\/ones.software\/blog\/2022\/10\/06\/guide-to-hybrid-work-what-is-hybrid-work-model\/#Why_hybrid_working_is_the_best_answer\" target=\"_blank\" rel=\"noreferrer noopener\">A Full Guide to Hybrid Work: What is hybrid work model and why it is important? &#8211; ONEs Blog<\/a>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_requirement_to_implement_hybrid_work\"><\/span>What is the requirement to implement hybrid work?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"\/blog\/wp-content\/uploads\/2022\/09\/Crestron-TSS-1070-1024x576.png\" alt=\"\" class=\"wp-image-1321\" srcset=\"\/blog\/wp-content\/uploads\/2022\/09\/Crestron-TSS-1070-1024x576.png 1024w, \/blog\/wp-content\/uploads\/2022\/09\/Crestron-TSS-1070-300x169.png 300w, \/blog\/wp-content\/uploads\/2022\/09\/Crestron-TSS-1070-768x432.png 768w, \/blog\/wp-content\/uploads\/2022\/09\/Crestron-TSS-1070-1536x864.png 1536w, \/blog\/wp-content\/uploads\/2022\/09\/Crestron-TSS-1070-2048x1153.png 2048w, \/blog\/wp-content\/uploads\/2022\/09\/Crestron-TSS-1070-1200x675.png 1200w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>To implement hybrid work, your hybrid office should work with a comprehensive office management system. It allows you to have flexibility at work, which means you can use any availed desk, room, and equipment in the office, and work at the location you wanted.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/ones.software\/hk-en\/bookings-one\/request-demo\" target=\"_blank\" rel=\"noreferrer noopener\">ONES<\/a> is one of the famous all-in-one smart office systems that can help you to easily implement hybrid working at ease. You can easily perform virtual meetings, desk-hoteling, and digital office management with our <a href=\"https:\/\/ones.software\/hk-en\/bookings-one\/room-booking\" target=\"_blank\" rel=\"noreferrer noopener\">Room Booking<\/a>, <a href=\"https:\/\/ones.software\/hk-en\/bookings-one\/desk-booking\" target=\"_blank\" rel=\"noreferrer noopener\">Desk Booking,<\/a> and <a href=\"https:\/\/ones.software\/hk-en\/bookings-one\/visitor\" target=\"_blank\" rel=\"noreferrer noopener\">Visitor Management<\/a> features.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p><br>Contact us: <a href=\"mailto:hello@ones.software\" target=\"_blank\" rel=\"noreferrer noopener\">hello@ones.software<\/a>, or visit ONES Software official website for more information: <a href=\"https:\/\/ones.software\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ones.software\/<\/a>.&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta decides to implement hybrid work and allows most of its employees are continuing to work from home.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[183,88],"tags":[266,253,93,267,118,252,67],"class_list":["post-1846","post","type-post","status-publish","format-standard","hentry","category-case-study-smart-office","category-hybrid-workplace-hack","tag-facebook","tag-facebook-working-environment","tag-future-of-work","tag-hybrid-work","tag-hybrid-working","tag-meta","tag-work-from-home"],"_links":{"self":[{"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/posts\/1846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/comments?post=1846"}],"version-history":[{"count":4,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/posts\/1846\/revisions"}],"predecessor-version":[{"id":3404,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/posts\/1846\/revisions\/3404"}],"wp:attachment":[{"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/media?parent=1846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/categories?post=1846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/tags?post=1846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}