• Cool Corporate dot COM takes a look at the business world from the perspective of a young manager in the making. It offers posts, articles, and news clippings that cater to that young manager, but without being overly basic, so that it is still relevant to the seasoned business professional.
  • The Jazzy Cool One (aka, some guy named J.C. Payne), is a news producer with a news/talk radio station by day, and a passionate cheerleader for business and free enterprise the rest of the time.

blog search directory

Email Cool Corporate dot COM

Get you ATOM 2.0 feed here!

Powered for Blogger

Powered by Blogger

Monday, June 12, 2006

The Incredible Shrinking Office Space

Maybe it not just an over-active imagination with a view from an overly-cluttered cubicle. Maybe your workspace, the space you actually inhabit at work, is shrinking.

This article written by Justin Matlick for the Puget Sound Business Journal tells how many companies in the Seattle area are taking advantage of the rising costs of commercial real estate to possible take advantage of workers by allowing them a few less square feet to work in than before.

The national trend shows a noticeable de-sizing in office space over the past decade. According to the International Facilities Management Association, per-employee square footage has seen a 31 percent decrease in as much time, shrinking from 589 in 1994 to 406 in 2002. And group is working on updated numbers to show considerable further shrinkage since 2002.

Two companies included in the article are the Boeing Company (NYSE:BA) and Washington Mutual, Inc. (NYSE:WM), both looking to cash in by planning smaller cubicles and an expanded array of conference rooms as part of their revamped work environments in the Seattle area.

- Offices Getting Smaller (Puget Sound Business Journal)


Comments on "The Incredible Shrinking Office Space"


Anonymous Anonymous said ... (7:43 AM) : 

Don't discount the fact that some companies also have virtual workplace policies in place. My home office is already bigger than any cubicle I have ever occupied, and it's not getting any smaller. So, don't be so quick to conclude these companies are trying to take advantage of workers by shrinking space. My life is better because of it.


post a comment