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Economist at Stanford University says return to office is ‘dead’ (CNBC)

December 01, 2023

“Return to the office is dead,” wrote Nick Bloom, an economics professor at Stanford University, in a post on X, CNBC reported. Remote work expanded during the pandemic, and while it declined in 2022, it is now holding steady at about four times the prepandemic level, according to the Working From Home Research Project’s Survey of Working Arrangements and Attitudes. The US Census Bureau’s Household Pulse Survey showed a similar trend. “We are three and a half years in, and we’re totally stuck,” Bloom told CNBC. “It would take something as extreme as the pandemic to unstick it.”