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Yeah, flexible, I get that.
I had a LOVELY commute, I miss the commute. The commutes were the best part of any office job I have done. I just feel like its time theft now. I can go ride my bike for couple of hours thats not a commute. I login at 9 and log off at 5 at home.
My employer has decided to get rid of 40% of their offices in the UK so thats great news.
It's really a mixed bag, depends on your commute and personal circumstances & type of work.
The general view is fewer people will be sent in to sit there clicking all day, more people will be in the office to meet, chat, brainstorm etc. for some work "water-cooler chats" or incidental conversations are a strong source of new ideas and innovations that are hard to match without personal interaction.
wework is able to offer a hub and spoke model, so right now our HQ is in Waterloo, but my wifi is on the blink so i'm working in hoxton office for the day which is a 10 mins ride for me, so I'm not in the office but I am in an office