We The People

We The People

Thursday, February 16, 2023

Remote work costs NYC over $12B annually: report | Fox Business

Remote work costs NYC over $12B annually: report | Fox Business

The shift to remote work is costing New York City more than $12 billion each year.  Office workers are spending $4,661 less per person in the areas near their offices than before the pandemic began, according to a Bloomberg analysis of a Feb. 12 WFH Research study. The Big Apple has seen the largest reduction in spending across the country, with a deficit of $12.4 billion a year.

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