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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Current price of oil as of June 23, 2026

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Current price of oil as of June 23, 2026
Successreturn to office

Remote workers are losing ground in the work from home wars: More than half of employees went into the office last week

By
Matthew Boyle
Matthew Boyle
and
Bloomberg
Bloomberg
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By
Matthew Boyle
Matthew Boyle
and
Bloomberg
Bloomberg
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January 30, 2023, 2:37 PM ET
Business people working at desk.
Business people working at desk.Morsa Images—Getty Images
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More than half of workers in major US cities went to the office last week, the first time that return-to-office rates crossed 50% of their pre-pandemic levels.

An index of building occupancies in 10 major metro areas increased 0.9 percentage points to 50.4% in the week ended Jan. 25, according to security firm Kastle Systems. All of the cities tracked by the company — including San Francisco, Chicago and Austin, Texas — reached return-to-office levels of 40% or above, which was also a post-pandemic first. 

Most of the cities tracked saw their occupancy hold steady or rise, including New York, where it increased to 47.5% for the week, and San Francisco, which rose more than two percentage points to 45.9%. Austin had the highest level, at almost 68%, while the San Jose, California, area that includes much of Silicon Valley was the lowest, at 41%. 

The data are based on average weekly access-card activity at buildings with Kastle security systems, compared with a pre-pandemic baseline. 

Crossing the 50% occupancy threshold is a milestone sure to be cheered by business leaders on Wall Street and elsewhere who have pushed for more in-office attendance. But it comes much later than most return-to-office advocates had expected, due to health concerns surrounding multiple Covid-19 variants, remote-first arrangements by some organizations, and most of all, workers’ reluctance to give up the flexibility they’ve come to enjoy and expect from working from home. 

Many organizations that employ desk workers currently use some type of hybrid arrangement, with workers splitting their time at home and on site. 

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