Nick Corbishley, 03 September 2020
One of the UK’s largest outsourcing companies, Capita plc, which employs 45,000 people across the country, has just done what many other companies have been thinking and talking about doing since the virus crisis began: it announced that it is permanently closing more than a third of its offices. As a result, the leases on almost 100 workplaces will be terminated.
Like many large outsourcing companies in the UK, Capita has been struggling for years. It did not collapse and get liquidated like erstwhile giant Carillion but its share price has collapsed 97% since 2015. Even before the virus crisis began, the firm was exploring ways of slashing costs, including embracing more flexible working practices such as work from home, which the lockdown pushed to the fore. The company says that employees are firmly on board with the changes. Continue reading “Article: Work from Home Gets Entrenched: Embraced by Workers & Businesses in the UK, it’s Upending Real Estate, Retail, Restaurants, Bars, Cafés”
