The New Tech Hubs: Pandemic Accelerates Industry’s Decentralization
brandonlin
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1 minute read
Besides making hybrid work schedules into the new reality for U.S. office properties, the coronavirus pandemic is helping spur the partial decentralization of the tech industry away from its traditional coastal cities, according to a new report by The Brookings Institution.
The shift doesn't represent a massive exodus from the current tech hubs, but the pandemic did mark a slowdown in their growth and result in a corresponding uptick in tech jobs in midsized and smaller places with high quality-of-life metrics where tech workers can easily relocate, according to the report.