CNBCs Jim Cramer said he believes companies and their employees will be reluctant to return to physical offices after the pandemic.
I see tremendous, tremendous tall office buildings with nobody in them, Cramer said on Squawk on the Street.
Cramer: Commercial real estate in trouble if we continue to work from home
The Mad Money host said that health concerns and the reliability of work-from-home technology will make telecommuting more common going forward.
Even as states are reopening business across the country, some large employers like Facebook are considering keeping employees at home even after lockdown measures are lifted.
Will employees want to come back to tall office buildings crowded into elevators and risk getting infected with COVID-19?
It is expected that up to 20-30% of people across the world will begin to evaluate why to they have to travel to a crowded workspace.
In return employers will need to spread employees out within their current office space to maintain social distancing.
What will happen to shared water coolers. coffee urns, lunch rooms, refrigerators in lunch rooms or shared office copiers?
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