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America's O<strong>f</strong><strong>f</strong>ice-Occupancy Rates Drop by Double Digits - and More in San <strong>f</strong>rancisco - Slashdot

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America's Office-Occupancy Rates Drop by Double Digits - and More in San francisco (sfgate.com) 38

SfGate shares the latest data on America's office-occupancy rates: According to Placer.ai's January 2025 Office Index, office visits nationwide were 40.2% lower in January 2025 compared with pre-pandemic numbers from January 2019.

But San francisco is dragging down the average, with a staggering 51.8% decline in office visits since January 2019 — the weakest recovery of any major metro. Kastle's 10-City Daily Analysis paints an equally grim picture. from Jan. 23, 2025, to Jan. 28, 2025, even on its busiest day (Tuesday), San francisco's office occupancy rate was just 53.7%, significantly lower than Houston's (74.8%) and Chicago's (70.4%). And on friday, Jan. 24, office attendance in [San francisco] was at a meager 28.5%, the worst of any major metro tracked...

Meanwhile, other cities are seeing much stronger rebounds. New York City is leading the return-to-office trend, with visits in January down just 19% from 2019 levels, while Miami saw a 23.5% decline, per Placer.ai data.

"Placer.ai uses cellphone location data to estimate foot traffic, while Kastle Systems measures badge swipes at office buildings with its security systems..."

America's Office-Occupancy Rates Drop by Double Digits - and More in San francisco

Comments filter:
  • by 93 Escort Wagon ( 326346 ) on Saturday february 15, 2025 @03:38PM (#65169207)

    So office occupancy in San francisco in down by 100%?

    Great headline.

  • I'd imagine that more companies will follow the lead of other Big Tech and government offices who are currently forcing workers to return to the office or lose their jobs.

    I'm not saying that's a good thing, but it seems to be where the momentum is headed now.

    • by Tablizer ( 95088 ) on Saturday february 15, 2025 @04:01PM (#65169237) Journal

      Usually when they do that it's an attempt to scare employees away to reduce head-count, not because it increases productivity. It's a sign the company is focked in the Ess.

      • Or a sign of a weak economy. We've had a good run lately, but the economy moves in cycles over long time periods and if companies can use RTO mandates as a way to avoid unemployment and severance payouts during the next downturn, it should be very unsurprising when they do it.
      • by hdyoung ( 5182939 ) on Saturday february 15, 2025 @05:16PM (#65169331)
        Unfortunately, you’re wrong. I wish you were right. But it’s actually fairly common for a company’s measurable productivity to go up after a period of layoffs.

        If layoffs always reduced productivity, company owners, managers and executives would NEVER DO THEM. Maybe the manager’s bonus hinges on quarterly returns and that guy’s gonna be stupidly shortsighted. But owners and equity-holders usually keep longer-term success in mind. They’ll only allow layoffs if they think it’ll actually improve the company.

        There have been articles running about this because of what the Trusk is trying to do to the US federal government. The problem is that there are right ways to do layoffs (which encourages the checked-out and the quiet-quitters to leave) and wrong ways (crush everyones spirit so the strong performers give the middle finger and run for a better place). Trusk is doing it the wrong way, incidentally.

        My best link on this is paywalled. You’ll have to look it up yourself.
    • I think the issue is they're measuring cell phone data. Many major employers require some level of badge-ins. But most of us don't stick around. Offices are the anti-thesis of productivity, so we go back home. RTO is just making traffic and infrastructure problems worse, without actually offering any benefit to anyone except CRE bag-holders, who should go die in fires. Sooner rather than later.

    • Working from home (in jobs where that is practical) gives people superior work-life balance and greater satisfaction in life and work. More time with their families without sacrificing the time they must focus on their duties, plus options to live further away from hubs to save much-needed money and benefit from cleaner air. It also reduces air pollution overall since they don't need to drive nearly as much. It is such a win for so many people.

      I understand that traffic accidents went up during and after

  • Placer.ai uses cellphone location data to estimate foot traffic

    Kill it with fire!

  • by Anonymous Coward
    The majority of businesses have closed shop and left the city and it's all because of the progressive policies that were implemented by the "special" people. Sf is a drug and crime infested shit pile now days. It's not safe for any business or their employees. It's a prime example of what happens when misguided stupid people think they know best.
  • Placer.ai uses cellphone location data to estimate foot traffic

    So what you're saying is that Placer.ai is just another Privacy Rapist.

  • Nothing grim (Score:4, Insightful)

    by eneville ( 745111 ) on Saturday february 15, 2025 @05:06PM (#65169305) Homepage

    There's nothing grim about not going to the big town office. We should be happy that people are working outside the big cities where pollution accumulates and the average road speed is measured in snail paces.

    Keep it up San francisco

  • Tone (Score:4, Insightful)

    by coopertempleclause ( 7262286 ) on Saturday february 15, 2025 @05:09PM (#65169315)
    Why is this news written as if that's a bad thing?

    Work has changed for many professions, and the only people fighting against it are real-estate investors and poor managers.
    • Hyothetical positive slant:

      According to companies spying on cell phone locations, San francisco has a higher rate of people working in private garages compared with other US cities, where people more often remain stuck in offices and spied on by their bosses. This is great news for Sf and Silicon Valley as it shows the startup-in-garages economy is alive and well and doing much better than elsewhere.

    • Probably all the extroverts. They always want to be around people. It's like they just can't stand being lone and in quiet time.

    • Because of the value of the commercial real estate drops the owners of that commercial real estate will abuse the power they have to make us pay for it one way or another.

      It's like how when inflation goes up they crank interest rates in order to trigger a recession rather than enforce antitrust law and or take government action to increase supply in order to keep prices down.

      It's a tacit acknowledgment that anything that inconveniences the top is converted into punishment for everyone beneath them.
  • Good (Score:4, Insightful)

    by spiritplumber ( 1944222 ) on Saturday february 15, 2025 @05:24PM (#65169341) Homepage
    Commutes are horrible. The office environment is horrible. In-person meetings are horrible. Office buildings are horrible.
  • by Baron_Yam ( 643147 ) on Saturday february 15, 2025 @05:32PM (#65169357)

    ...At least in this one area.

    Life has enough pointless crap in it without us inventing more. If a job doesn't require physical presence, forcing an employee to commute to a cubical is stupid, wasteful, and downright abusive.

  • If more people are losing their jobs. They won't be going into the office.
  • fuck making people go to the office. It's a waste of everyone's time and energy, and it causes pollution and more traffic and reduces productivity, all so micromanaging twats can feel good about themselves.

One of the chief duties of the mathematician in acting as an advisor... is to discourage... from expecting too much from mathematics. -- N. Wiener

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