{"id":604194,"date":"2023-08-27T00:00:00","date_gmt":"2023-08-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/27\/companies-should-probably-rethink-their-office-space-china-has-been-secretly-working-to-cement-its-position-in-the-global-chip-industry\/"},"modified":"2023-08-27T00:00:00","modified_gmt":"2023-08-27T00:00:00","slug":"companies-should-probably-rethink-their-office-space-china-has-been-secretly-working-to-cement-its-position-in-the-global-chip-industry","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/27\/companies-should-probably-rethink-their-office-space-china-has-been-secretly-working-to-cement-its-position-in-the-global-chip-industry\/","title":{"rendered":"Companies should probably rethink their office space + China has been secretly working to cement its position in the global chip industry"},"content":{"rendered":"

Across the globe, over one third of office desks are unoccupied throughout the <\/strong> workweek<\/strong>, Bloomberg<\/a> reports, citing a report by Australian workplace analytics platform XY Sense. A post-pandemic reassessment of office space needs suggests that a shift away from traditional desk-oriented setups to more flexible and collaborative office spaces would be most suitable to current conditions. The report points out that while meeting rooms and more open areas that invite contact and communication are usually 90% full, they only account for 20% of total floor space, leaving the lion\u2019s share to individual unused workstations.<\/p>\n

Fewer desks, more collaborative spaces: <\/strong> The shift towards a hybrid working environment<\/a> has been the source of reevaluation for office space needs, and the lack of desk use has been driving employers to rethink the need for a physical office space altogether. More than half of the organizations polled in a survey<\/a> by CBRE, an American commercial real estate firm, that they expect to reduce their real estate needs<\/a> by 2026. The data seems to suggest that the issue isn\u2019t the significance of physical office space, but how that space is utilized, encouraging employers to create environments that foster connection and accommodate the evolving needs of the workforce.<\/p>\n

!_Insertline_!<\/p>\n

Are you a scientist? China wants you to join its labor force to get around its chip industry restrictions: <\/strong> China has quietly revived its Thousand Talents Plan (TTP) to recruit foreign-trained scientists and engineers, as the US tightens restrictions on the exports of chips<\/a>, according to three sources with knowledge of the matter and a Reuters<\/a> review of over 500 government documents spanning 2019 to 2023. The program runs under a new name and format known as \u201cHigh-End Foreign Experts Recruitment plan,\u201d which offers generous financial perks, including bonuses of up to USD 700k and home purchase subsidies, the three sources told Reuters. <\/p>\n

BACKGROUND: <\/strong> The TTP was launched in 2008 to attract top talent to help the country\u2019s economy grow, Reuters reports. In 2018, the Chinese government suspended the TTP amid US investigations accusing it of stealing intellectual property and technology. Last year, the Biden administration cracked down on exports<\/a> of semiconductors and advanced chips to China as they are becoming a critical role in both military systems and the data-processing capacities that fuel our modern global economic system.<\/p>\n","protected":false},"excerpt":{"rendered":"

People are more inclined to use collaborative work 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working from home,\u2026","rel":"","context":"In "Office life"","block_context":{"text":"Office life","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/office-life\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/322.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553063,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/18\/its-official-millennials-hate-phone-calls-mountain-goats-v-bighorn-sheep-showdown-over-salt-deposits\/","url_meta":{"origin":604194,"position":2},"title":"It\u2019s official: Millennials hate phone calls + Mountain goats v bighorn sheep showdown over salt deposits","author":"enterpriseam admin","date":"18 October 2022","format":false,"excerpt":"Generation Mute: Millennials are more phone anxious than most other age brackets, with over 80% needing to summon the courage to place a call, The Financial Times reports, citing data from bankmycell. The phenomenon has led some consultancy firms to charge up to USD 3k a day to intervene and\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/468.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590499,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/19\/traditional-office-hours-are-fighting-a-losing-battle-even-ancient-egyptian-artists-couldnt-get-it-right-in-one-take\/","url_meta":{"origin":604194,"position":3},"title":"Traditional office hours are fighting a losing battle + Even Ancient Egyptian artists couldn\u2019t get it right in one take","author":"enterpriseam admin","date":"19 July 2023","format":false,"excerpt":"Talent is flocking to firms that do WFH","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/5593.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574865,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/more-of-egypts-private-sector-is-implementing-a-hybrid-work-policy\/","url_meta":{"origin":604194,"position":4},"title":"More of Egypt\u2019s private sector is implementing a hybrid work policy","author":"enterpriseam admin","date":"24 September 2020","format":false,"excerpt":"SURVEY- More of Egypt\u2019s private sector is implementing a hybrid work policy \u2014 but most don\u2019t have a concrete expectation of when that could change again. We surveyed EGX-listed companies, multinationals, and small businesses to gauge how their work from home policies have shifted over the past few months. We\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/264.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550975,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/going-back-to-the-office-means-more-collaboration-and-more-work-life-balance-julius-caesars-favorite-herb-might-have-been-the-first-victim-of-man-made-climate-change\/","url_meta":{"origin":604194,"position":5},"title":"Going back to the office means more collaboration and more work-life balance + Julius Caesar\u2019s favorite herb might have been the first victim of man-made climate change","author":"enterpriseam admin","date":"17 May 2022","format":false,"excerpt":"The unexpected joys of returning to the office: Better work-life balance and overheard conversations: As more companies require employees to return to in-person work after nearly two years of working from home, some have been surprised by the perks of going back to an office environment, the Wall Street Journal\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/485.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=604194"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604194\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/604189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/604195"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=604194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=604194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=604194"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=604194"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=604194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}