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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Real Estateoffice space

Americans are running out of office space

By
Justin Worland
Justin Worland
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By
Justin Worland
Justin Worland
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February 23, 2015, 10:59 AM ET
Knight Frank, Baker Street, London, UK
Knight Frank, Baker Street, London, UKPhotograph by Dirk Lindner — Getty Images

This post is in partnership with Time. The article below was originally published at Time.com.

Companies looking to trim the fat are looking to people’s workspaces, according to a new report, leading to a decline in in personal space and privacy at work, even among some corporate employees used to spacious offices.

“Every client we talk to, they’re using less space per person,” Kenneth McCarthy, an economist at the commercial real estate broker Cushman & Wakefield, told the New York Times.

The average space per North American worker in 2012 was 176 square feet, down from 225 in 2010, according to commercial real estate association CoreNetGlobal, and it’s expected to drop to 151 square feet in 2017.

Read more at the Times

 

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