Companies are having a hard time figuring out what their offices should look like as the coronavirus pandemic turns into a more permanent feature of doing business. That makes life challenging for the CFO of Herman Miller.
By Nina Trentmann Close Nina Trentmann Sept. 28, 2020 5:30 am ET Furniture maker Herman Miller Inc. isn’t sure when its corporate customers will reopen offices or when they would place orders for new furniture and other office equipment needed for a workspace reconfigured in keeping with coronavirus guidelines.
“While Herman Miller has received many inquiries from customers seeking input around how their office spaces should change in response to the virus, many are yet to place orders,” Mr. Stutz said.Only half of the business executives surveyed plan to return mostly or entirely to onsite operations in the coming 12 months, according to the Association of International Certified Professional Accountants, a professional organization.
PREVIEWSUBSCRIBE Some large employers, including banks, have asked their employees to return to the office, while others, such as Facebook Inc., have said they can work remotely on a regular basis. “The dollar volume of content going into a home office is not the same as for what goes into a regular office,” Mr. Burns said. Other furniture companies also have seen declines, he added.Herman Miller, early into the pandemic, cut roughly 400 jobs to save $39 million in annual labor costs. It also rolled back some employee benefits and eliminated its dividend. The company has since reinstated some of these benefits and is hiring again, but slowly.
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