IBI Group Inc T.IBG.DB.E

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IBI Group Inc. is a global design and technology company. The Company offers a range of services, including architectural controls, architecture, bridge engineering, civil engineering, construction management, data analytics, design technology, development engineering, economics/financial analysis, electrical engineering, energy solutions, engineering, environmental assessment, geomatics/land surveying, highway and road design, and indigenous engagement and relations. The Company¿s services also include interiors, land use planning, landscape architecture, mechanical engineering, municipal infrastructure, operations and maintenance, parametric design, placemaking, planning and urban design, public outreach, research and development, software development, systems engineering, traffic engineering, transit planning, transportation engineering, visualization, water resources management, and water/wastewater. The Company has over 60 offices in major urban centers across the globe.

TSX:IBG.DB.E - Post by User

IBI Group Inc

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Post by goinonaprayeron Mar 15, 2021 3:52pm

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Work from home footprint optimization

Is it correct to say that the the footprint optimization or resulting "rent" savings relates to the $51M expenses shown as " Variable lease expense" and "Other operating expenses" in the income statement? If so, a 25% to 50% annual savings would be huge.

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