Financial services group Alexforbes has unlocked R1.2bn in value by downsizing its office footprint and moving to flexible working.
- The company’s move to flexible working was in place before the pandemic, and it aims to reduce operational costs and improve efficiencies.
- Alexforbes expects improved margins as a result of the downsizing and flexible working model.
- Companies are adopting flexible working models to reduce costs and improve efficiencies.
- The downsizing of leased offices is a strategy that more companies may consider as they adapt to changing work environments.