90% of Morgan Stanley’s 80,000 employees have been able to work from home during this crisis.
What lessons did they learn?
“We’ve proven we can operate with effectively no footprint. That tells you an enormous amount about where people need to be physically. [We can operate with] much less real estate. Can I see a future where part of every week, certainly part of every month, a lot of our employees will be at home? Absolutely.” —James Gorman, CEO Morgan StanleyJames Gorman, CEO Morgan Stanley
We have now proven that with our current technology and know-how an office is a luxury not a necessity.