Bay Area tech companies racked up ~$1B on real estate impairments in the pandemic for their vacated spaces; Dropbox took $416M, Salesforce $216M, Airbnb $149M (Ari Levy/CNBC) - TechnW3

Bay Area tech companies racked up ~$1B on real estate impairments in the pandemic for their vacated spaces; Dropbox took $416M, Salesforce $216M, Airbnb $149M (Ari Levy/CNBC) - TechnW3

Ari Levy / CNBC:
Bay Area tech companies racked up ~$1B on real estate impairments in the pandemic for their vacated spaces; Dropbox took $416M, Salesforce $216M, Airbnb $149M  —  - The amount of available sublease office space in San Francisco more than tripled during the pandemic, and tech companies are paying the price.

from TechnW3