Financial services giant Morgan Stanley is going to occupy less office space in the post-pandemic future, CEO James Gorman said during an interview with Bloomberg TV April 16.
"With 90% of our employees at home, we've had almost no issues from our plant," Gorman said. "That's a remarkable testament to the tech and ops teams.
He didn't specify how and when such a reduction would occur, however.
"Clearly, we've figured out how to operate with much less real estate," Gorman said. "Can I see a future where part of every week, certainly part of every month, for a lot our employees will be at home? Absolutely."
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