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Future Office Plans ‘Almost Always’ Include Hybrid Work: Steelcase CEO

Business leaders continue to express “strong sentiments” about their plans to implement hybrid-work models “that include substantial presence in the office, with a growing number already having taken the step,” said Steelcase CEO Sara Armbruster on an earnings call Thursday…

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for fiscal Q4 ended Feb. 25. The office-furniture manufacturer’s financial well-being has been a bellwether of work-from-home trends during the COVID-19 pandemic. It reported a 7% revenue increase for the year to $2.8 billion. CEOs “resoundingly” talk about their “desire to reshape their culture, and that includes changing their spaces and bringing employees together in person,” she said. “While we're still seeing companies make a variety of choices about the role of the office and their future workplace plans, these plans almost always involve some aspect of hybrid work.”