Part 5/7:
Corporations like Meta are also re-evaluating their physical presence. Reports indicate that the company is closing several of its offices, shedding substantial amounts of commercial real estate. This move demonstrates not only the financial constraints they face but also a shift in workplace dynamics suggesting a permanent change in how many tech companies operate. Landlords with exposure to commercial real estate are feeling the pinch, with defaults increasingly common as companies downsize or eliminate office space altogether.