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million square feet, and this figure is projected to experience a 52% increase — estimated to reach 81 million square feet by 2025. Vestian’s projections indicate that by 2025, the flexible office sector might account for approximately 25% of the total office space absorption. This burgeoning growth is not just a random spike.

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JULY 17, 2024

CIBSE and IBPSA-England are pleased to unveil their partnership for the upcoming 2025 Technical Symposium. Simon Parker, Managing Director of CIBSE Services said about this partnership: ‘At CIBSE, we’re excited to collaborate with IBPSA-England for the 2025 Technical Symposium. Abstract submissions are now open.

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“The hot jobs market is preventing inflation from falling much further, as it is keeping services inflation persistently high … The market is pricing in cuts to start by February 2025, but we believe rate cuts will start much later in 2025.”

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OCTOBER 3, 2024

Mexican President Claudia Sheinbaum will seek an increase to the country’s minimum wage by around 12% for 2025 and the following years, she said on Thursday. The minimum wage in Latin America’s No. 2 economy stands at a current daily rate of 248.93 pesos ($13.54), after upward adjustments made by the previous administration.

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The Bainbridge Island and Bremerton centers are set to open in the first quarter of 2025 and will operate under the Regus brand. Then, in the second quarter of 2025, the Spokane Valley location will open under the Regus brand. The Burien location will also adopt the HQ brand and is slated to open later this year.

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OCTOBER 7, 2024

by June 2025. “We The September employment report has “reset the labor market narrative” and calmed fears about the labor demand “weakening too quickly to prevent the unemployment rate from trending higher,” Goldman Sachs chief U.S. economist Jan Hatzius said in a note on Sunday.

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OCTOBER 17, 2024

of board positions on London’s top 350 listed companies — ahead of a 2025 deadline. The latest report comes after former Conservative Prime Minister Rishi Sunak’s government stated last year that Britain was a leader for female representation because women held 40.2%

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SEPTEMBER 26, 2024

Amazon employees are letting their voices be heard following the company’s announcements to revert back to a traditional five-day in-office workweek starting January 2025.

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JUNE 27, 2024

After soon-to-be 25 years of serving as Chief Executive for the British Council for Offices, Richard Kauntze will be stepping down in summer 2025. The post British Council for Offices Chief Executive Richard Kauntze to step down in summer 2025 appeared first on Workplace Insight.

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FEBRUARY 23, 2024

Economists predict AI-related investments could reach $200 billion globally by 2025, led by the U.S., Now, there may be light on the horizon: Economists are more optimistic about the US economy as a whole, lowering the risk of a recession in 2024 to below 50%. according to the report. This kind of massive AI spending is reflected in U.S.

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NOVEMBER 28, 2022

A BNP Paribas Real Estate analysis claims that London’s West End office market is on course to ‘reset’ by 2025 following a major leasing event cycle commencing in 2023, which will see a flurry of renewals, expiries and break clauses executed by both landlord and tenant, which will alter the market as we know it by the milestone year.

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JUNE 22, 2024

For further information about the Future Leader Award, please contact David Emanuel on 07768 765 967 or email david@i-fm.net Image: LABS The post Pattenmakers search for the winner of the Future Leader FM Award 2025 appeared first on Workplace Insight.

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JULY 10, 2024

Axios reports that CBRE experts, like Colin Yasukochi, expect to see the high vacancy rate come down by the end of the year or into 2025. However, it was not enough to turn the trend around. However, experts remain highly skeptical of a pre-pandemic level recovery.

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SEPTEMBER 17, 2024

By the end of the first quarter of 2025, senior executives have been tasked with increasing the ratio of individual contributors to managers by at least 15% within their respective departments. This fundamental change is part of a larger strategy to increase efficiency and innovation within the company.

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JULY 10, 2014

Reuters Science Watch has released a set of predictions on the the landscape of science and technology in 2025 by examing global patent data and scientific literature.   While there is no question the solar energy production is rapidly expanding, 2025 is only a bit over 10 years away. Given

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could face an $800 million budgetary deficit for the fiscal year 2025. As remote work becomes more entrenched and businesses adapt to evolving market conditions, commercial markets are likely to undergo further transformations this year. It’s projected that D.C.

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SEPTEMBER 9, 2024

The new 72,000-square-feet on the 24th floor of the 101-story tower, plus 2,770 square feet on the ground floor for a dedicated lobby, targets the rising trend of providers offering spaces that cater to corporate events within coworking environments. The launch, planned for summer 2025, will include a total of ten customizable event areas, a grand (..)

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JUNE 25, 2024

DW reports that Greece’s GDP growth is projected to surpass the eurozone average — with expectations of 2.2% this year and 2.3% next year — while unemployment is predicted to fall to 9.7%

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MARCH 25, 2024

It’s reported that the firm wishes to capitalize on TOG’s market position and resilient business structure — with a deal possibly being made by the first quarter of 2025. TOG, a major WeWork competitor, has benefited from post-pandemic trends in the workforce, expanding its presence to over 60 locations in central London.

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JUNE 3, 2024

Tenerife recently announced a tourist tax that will go into effect on January 1, 2025, according to Skift. A report published by Skift cites data from Spain’s National Statistics Institute showing 33.8% of people in the Canary Islands are at risk of poverty. Local Canary government has taken action in response.

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MAY 10, 2022

billion in 2025 and $9.4 Musk also anticipates Twitter’s workforce to grow from 7,500 to 11,072 by 2025. . Additionally, Musk hopes to boost Twitter’s cash flow to $3.2 billion in 2028. He expects that he can help boost Twitter’s average revenue per user to $30.22 in 2028, which is an increase from the $24.83 seen last year. .

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MAY 9, 2024

which estimates the city faces an $800 million budgetary deficit for the fiscal year 2025. A report last month revealed a drastic decrease in physical office presence in Washington D.C.,

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APRIL 17, 2024

will face an $800 million budgetary deficit for the fiscal year 2025. Canada’s $1.1 Like many major hubs across the U.S., Washington D.C. faces a dramatic decrease in physical office presence, which could have significant repercussions for the city. If not properly addressed, it’s projected that D.C.

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OCTOBER 11, 2022

JLL’s Future of Work survey suggests that 53% of organizations are planning to make remote working permanently available to all employees by 2025. .

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APRIL 11, 2024

will face an $800 million budgetary deficit for the fiscal year 2025. According to a report published by The Washington Times , the drastic decrease in physical office presence has had significant economic repercussions for the city, leading to reduced weekday economic activity. It’s projected that D.C.

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SEPTEMBER 27, 2024

However, there is hope for 2025, particularly in Europe, where economies like France and Germany may see renewed growth. Despite some sectors showing promise, the overall outlook remains tough for job seekers. As hiring slows in large global markets, competition is increasing.

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AUGUST 6, 2024

King County, for example, will begin requiring three days a week of in-office work for executive branch department directors starting in November, with plans for more changes by January 2025. The policy changes have not been universally welcomed.

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OCTOBER 18, 2024

Japan’s largest labor union group said on Friday it will seek wage hikes of at least 5% in 2025, similar to this year’s hefty increase , although economists doubt that another such bump is realistic. The announcement by Rengo means debate about pay rises for next year will begin in earnest.

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According to HRDive, the bank is planning to undergo cost-saving measures, setting a goal to save $750 million by 2025. The stricter attendance rules at Truist could impact employee retention rates and could potentially lead to layoffs for those who choose not to comply with the new requirements.

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JANUARY 19, 2024

However, the slow adoption rates mean the concept is still fringe in the workforce. The pilot program is set to run through May 2025, with the possibility of a renewal. As businesses and organizations continue to adapt to changing circumstances, the concept of compressed workweeks could become a trend that gains attention this year.

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MARCH 13, 2024

The legislation is expected to come into effect at the end of May 2024, with a staggered implementation beginning in 2025. The EU AI Act represents a major step in regulating AI software and tools, and it aims to promote technological progress, but not at the expense of ethical standards.

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APRIL 4, 2024

Similarly, Microsoft has committed to providing training and certification in high-demand digital skills to 10 million people from underserved communities by 2025. IBM, for instance, has pledged to equip 30 million individuals with digital skills, including 2 million in AI, by 2030.

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JULY 23, 2024

If this does occur, Crain’s reports regulatory intervention could take place around 2025 or 2026 if inflation stabilizes and interest rates decline. It’s theorized that regulators could force banks to cleanse their balance sheets as they did in the post-savings-and-loan crisis of the early 1990s.

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DECEMBER 16, 2022

In addition to expanding to simply meet demand, landlords also want to diversify, with half of respondents saying around 16% to 25% of their portfolios will be flexible by 2025. . What is surprising are the 39% of respondents who wish to do so across city centers — an area that has infamously struggled to rebound from the pandemic. .

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JANUARY 23, 2023

“We are having another accelerated period of convergence of technology evolution right now that will certainly continue and may continue through this entire decade, but definitely through 2025,” said Miscovich.

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OCTOBER 11, 2022

By 2025, 78% of companies plan to incorporate the majority of technologies considered essential into their hybrid work strategies. . While some companies currently lag behind in terms of hybrid work connectedness, the report shows there is widespread ambition to adopt technologies designed for hybrid work. .

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OCTOBER 31, 2023

On October 31, WeWork disclosed its decision to suspend the interest payment due on November 1 on senior notes maturing in 2025, despite having sufficient funds to meet the payment. Despite these setbacks, WeWork managed to go public in 2021 but at a significantly diminished valuation. The company now enters a 30-day grace period.

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