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A third of global firms ditch hybrid work for ‘office first’ approach

Knight Frank's findings come as City workers and bosses duke it out over the future of flexible working arrangements

Half of the largest firms polled by Knight Frank – with 50,000 employees or more – said they were planning on reducing their space by 10 to 20%

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A swathe of global corporates are moving towards an ‘office first’ approach, requiring employees to turn up in person more frequently, in a sign that bosses are returning to pre-pandemic working patterns.

A Knight Frank survey of 350 executives in charge of real estate decisions at international firms employing around 10 million people found that 56% have adopted a hybrid work style, allowing employees to choose between a mix of working from home and the office.