Case Study: a global financial services company achieves $476k cost avoidance with Freespace Space Manager

Global Financial Services Company saves $476k and boosts team colocation to 86% with Freespace

A global financial services company faced a significant challenge in optimizing its New York workplace for a hybrid workforce of 241 employees with only 133 desks. Their goal was to accommodate a mandated 3-day in-office schedule without expanding their office footprint, while also improving team collaboration and return-to-office compliance. Freespace provided the solution using its Space Manager platform.

Freespace implemented a data-driven, rotational desk-sharing strategy with Space Manager. The solution used behavioral nudges, zoning, and team adjacency mapping to optimize seating. This resulted in $476,000 in cost avoidance by preventing expansion, an increase in teams sitting together from 53% to 86%, and a 6% rise in return-to-office compliance, all while achieving 80% peak occupancy.

Global Financial Services Company