What was The Buzz in November?

Our monthly roundup of real estate industry news.

Just like that it was November, and you know what that means? The festivities have really dialled up. Places and spaces are adorned with twinkly lights and decorations and, faced with national belt-tightening, retail has extended sales beyond Black Friday and Cyber Monday to try and capture consumer spend, (check out our blog on Christmas adverts).  

In the real estate world, there were a number of events, you can read our roundups on CoreNet and CoWorking Europe on LinkedIn 

Congratulations 

We’ve been celebrating, as our clients AccessLOOP and MyClearText dominated Event Tech Live, wining 5 awards  and getting silver in the ETL Launchpad! Huge congratulations to them, and the industry for recognising that accessibility is a vital component for all events.  

 

What’s going on at Twitter? 

There’s rarely been a day where the media hasn’t been discussing the goings on at Twitter. With the takeover from Elon Musk, mass firings (3,700 to date), blue-tick controversy, and the quick-fire tweets. Elon Musk then scrapped Twitter’s work from home policy and ordered staff back to the office, saying: “Remote work is no longer allowed, unless you have a specific exception. Managers will send the exception lists to me for review and approval”. This led to mass resignations, forcing the offices to temporarily close, and Musk to somewhat relax this policy, allowing individuals to work remotely if their managers asserted they were making an “excellent contribution”. 

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Two new co-CEOs were announced at Dezeen  

Following the tragic and unexpected death of Marcus Fairs back in June, Benedict Hobson and Wai Shin Li have been appointed co-CEOs of Dezeen, and will continue to drive the business forward. Hobson said “Marcus is an immeasurable and irreplaceable loss to the architecture and design world but leaves behind an incredible legacy in Dezeen. We are determined to build on that legacy and ensure that the unique platform Marcus created continues to thrive”.  Li added: “We strongly believe that Dezeen has an important role to play in continuing to set the global agenda for architecture and design. Together with JP/Politiken Media Group, we have ambitious plans to grow the company and are looking forward to the challenge.” We look forward to seeing what’s next for Dezeen.  

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Is the four-day working week becoming a permanent fixture? 

The trial of the four-day working week continues with more than 100 companies and organisations making it permanent. That amounts to 2,600 staff from sectors including manufacturing, architecture, technology, retail, housing, marketing, construction and events, now working four-days with no loss of earnings. Adam Ross, CEO of Awin said: “Over the course of the last year and a half, we have not only seen a tremendous increase in employee wellness and wellbeing but concurrently, our customer service and relations, as well as talent relations and retention also have benefitted”. 

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Flexibility could solve the growing trend of ‘quiet-quitting’? 

Quiet quitting refers to the trend of workers only doing what their job demands, and nothing more. No additional tasks, no additional hours, no additional effort. Following the ‘Great Resignation’ quiet quitting took the spotlight as increasing numbers of workers reported feeling disengaged and underappreciated.  

“With ‘quiet quitting’ on the rise, and growing calls for inflation-matching pay rises, offering greater flexibility will prove key to preventing employees from leaving their current roles,” said Owl Labs. Owl Labs carried out a survey to find out the crucial importance of flexible working to UK employees. The report said that the autonomy employees had experienced during the pandemic had “firmly cemented” remote and flexible working as a prerequisite for the vast bulk of employees.  

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Photo by Nick Morrison on Unsplash

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