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)
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.
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