Europe's hottest talent is moving to the continent's second cities like Manchester, Rotterdam, and Stuttgart for a better quality of life—so bosses are following suit [Yahoo! Finance]
Jones Lang LaSalle Incorporated (JLL)
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Source: Yahoo! Finance
Instead, they are choosing “second cities” across the continent in an attempt to improve their quality of life and cut down their outgoings. More talent is moving to places like the northern English city of Leeds, the Dutch port of Rotterdam, and the southern German hub of Stuttgart, according to the latest Innovation Geographies report from real estate services group Jones Lang LaSalle. Each of those cities saw an increase in their “talent concentration scores” last year thanks to an influx of skilled workers, as did other smaller European cities like Cologne, Birmingham, and Oslo. Leeds, home to around 800,000 people, was second only to Tel Aviv in registering the biggest increase in its talent concentration score last year. European talent hits the road Interest in cheaper cities has ballooned since the onset of the COVID-19 pandemic, as workers proved they were able to work from anywhere, beginning a great recalibration in the work-life balance tradeoff. Major cities
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JLL
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- 2/27/24 - Beat
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- 4/12/24 - Form ARS
- 4/12/24 - Form DEF
- 4/12/24 - Form DEFA14A
- JLL's page on the SEC website