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Deloitte to close four offices and 500 employees under permanent contract with the WFH

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Accounting firm Deloitte will close four of its 50 UK offices as it reviews its UK property portfolio.

Despite the office closures, it will retain the 500 employees based in those offices on work-from-home contracts, the company said on Saturday.

The move is the latest in a number of companies that have started reassessing their real estate options since the COVID-19 pandemic forced widespread lockdowns and governments asked workers to avoid travel if they could. .

Deloitte has said it will close sites in Gatwick, Liverpool, Nottingham and Southampton.

published by Reuters: COVID-19 has accelerated our future work program, leading us to review our real estate portfolio. “Data-reactid =” 31 “> Stephen Griggs, managing partner of Deloittes UK, said in an emailed statement published by Reuters: COVID-19 has accelerated our future work program, leading us to review our real estate portfolio.

Any proposed changes relate to our bricks and mortar, not our presence in those areas.

Another step Deloitte has taken in the wake of the pandemic is to cut wages for UK partners by 20% to protect jobs.

(BP). At the end of August, reports indicated that the oil giant sell its seat.“data-reactid =” 34 “> Other large companies that are considering moving to work from home or downsizing offices include BP (BP). At the end of August, reports indicated that the oil giant sell its seat.

^ FTSE) the company will shift to a more hybrid style of working, balancing home and office work. “data-reactid =” 35 “> BP chief Bernard Looney previously said that the FTSE 100 (^ FTSE) the company will shift to a more hybrid style of working, balancing home and office work.

UK urged to start Christmas shopping early to help retailers survive 2020“data-reactid =” 36 “>READ MORE: UK urged to start Christmas shopping early to help retailers survive 2020

This comes alongside the news that banks may also stop working in large office buildings in the near future by converting underutilized parts of their high street branches into workspace.

VMUK.L) and Metro Bank (MTRO.L) have already planned to convert parts of branch offices into flexible workspace,according to the FT.The report also states that Lloyds Banking Group (LYG) would start testing similar measures from October. “data-reactid =” 38 “> Virgin Money (VMUK.L) and Metro Bank (MTRO.L) have already planned to convert parts of branch offices into flexible workspace, according to the FT. The report also states that Lloyds Banking Group (LYG) would start testing similar measures from October.

A combination of sections of companies claiming employees will work from home until the new year, and downsizing at many companies has left business leaders questioning their sales office arrangements. This has brought uncertainty to the real estate market.

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