Silicon Valley ditches big tech campuses for satellite offices: experts - Business Insider

United States News News

Silicon Valley ditches big tech campuses for satellite offices: experts - Business Insider
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Silicon Valley's workforce is falling out of love with massive tech campuses. Experts predict what will take its place are networks of satellite offices.

the Bay Area and companies wary to have thousands of employees all in one place, San Francisco may not be the central tech headquarters it's been for decades.

"So what does that mean? You just have less dedicated desks," Segal told Business Insider. "No one misses their desk — that's not why you go to the office. You miss people, the socialization." Tracy Brower, a sociologist and principal in the applied research and consulting group at furniture manufacturer Steelcase, said she's already hearing from clients who are mulling a switch to satellite offices, in part because they would save on real estate costs in major cities.

For workers sick of staying at home or feeling creatively stuck without the ability to easily work with others, a satellite office could satisfy some of those feelings, Brower said. "A lot of times, the reason we want to get together is for new ideas, for new thinking, to be stimulated by the people around us."Satellite offices aren't a new concept. In the era after 9/11, for example,went the route of satellite offices, setting up hubs outside of lower Manhattan and New York City.

that spans 3 million square feet. It's expected to open in 2022 and will house 5,000 employees to start. Boyd says that while companies may keep headquarters in the Bay Area for prestige, lower labor costs also make satellite offices appealing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock picks to buy for growth to beat market, rival Big Tech: Goldman - Business InsiderStock picks to buy for growth to beat market, rival Big Tech: Goldman - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Alibaba and Tencent Kick the Tires on a New Idea—Keeping China’s Jalopies on the RoadAlibaba and Tencent Kick the Tires on a New Idea—Keeping China’s Jalopies on the RoadChina’s big tech companies are circling the auto-repair business in a bid to capture the boom in vehicle maintenance as the country’s vast car fleet begins to age.
Read more »

The Lonely Century: New book unpicks troubled relationship with tech - Business InsiderThe Lonely Century: New book unpicks troubled relationship with tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

IPO frenzy could net billions for venture capital backersIPO frenzy could net billions for venture capital backersBillions of dollars could be on the way to Sand Hill Road, home base for Silicon Valley’s venture capital elite, after a string of initial public offerings.
Read more »

SUCCESS INSIDER: Executive salaries, management consulting, Facebook - Business InsiderSUCCESS INSIDER: Executive salaries, management consulting, Facebook - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

How long will the Silicon Valley employees who can’t work from home keep getting paid?How long will the Silicon Valley employees who can’t work from home keep getting paid?What will happen to the cafeteria workers and janitors of Silicon Valley who can't work from home? Cafeteria staff at Yahoo and janitors who worked at Lyft have been laid off, while Facebook and Apple have committed to support these workers.
Read more »



Render Time: 2025-02-27 13:17:01