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Global Occupier Pivot To Hybrid Working Gathers Momentum


Work is no longer where you are, but what you do, for yet another of the world’s biggest office occupiers.

Japan’s Nippon Telegraph and Telephone has become the latest global occupier to confirm a move to hybrid working.

The telecoms operator has agreed with flex workspace giant IWG that its worldwide office network will be able to make use of IWG locations. 

The deal will impact more than 300,000 employers as NTT radically rethinks its worldwide office network, the Financial Times reported.

The move comes soon after Standard Charted agreed a 12-month deal with IWG giving the bank’s 95,000 global workforce access to flexible workspace. Up to 3,500 office locations could be involved.

In both cases IWG’s move to provide on-site coronavirus testing appears to have played a part in C-suite decision-making.

Other recent converts to hybrid working, which aims to bridge the home and traditional office by using serviced or flexible workspace, include BP, the energy giant, which told 25,000 staff they could work away from the office for two days a week; and HSBC, which expects to reduce their global office footprint by 40% as a result.