00:00 EY is considering closing one of its major headquarters.
00:02 The big four accounting firm could be pulling back
00:04 and committing to long-term hybrid working.
00:07 The company is reportedly looking to give up
00:08 its London Bridge office,
00:10 which has been its home for the last 20 years,
00:11 according to Bloomberg and Telegraph.
00:13 The office houses 9,000 employees.
00:15 EY launched a property review of its UK headquarters
00:18 under the belief that fewer people are working in office
00:20 since staff are allowed to work from home
00:22 at least two days a week.
00:23 The review comes ahead of the end of the group's
00:25 25-year lease at Moor London in 2028.
00:28 Moor London office operates at 88% occupancy
00:30 two days a week.
00:31 The company is considering moving
00:33 to an environmentally friendly building
00:34 to help its goal of being carbon neutral by 2025,
00:37 according to Bloomberg.
