As of May, 59% of full-time employees currently work from an office five days a week, according to the latest batch of data from Work From Home Research, written by professors Nick Bloom (Stanford) and José Maria Barrero (Instituto Tecnológico Autónomo de México Business School). Another 29% workers have a hybrid arrangement, and just 12% work fully remotely. 

A similar figure emerged from a Bank of America Research note on Wednesday, which surveyed 1,000 consumers to find that 60% of them no longer work from home for most of the week. 

These figures follow two years of meager stabs at return-to-work mandates. After all the stop-and-go rollouts, false starts, and frustration on every level, bosses may finally be getting their way. And taken together, the side-by-side data just might put to rest the assumption that hybrid work, much less fully remote work, has hope of staying power. However, its a vastly different story for the workforce as a whole and the white collar subset, who are far from a representative sample.

White collar work isnt all work

The situation is not as stark as it seems. The 59% of workers figure from WFH Research excludes contractors, self-employed folks, and part-time workers, Barrero, one of the authors, told Fortune in an email on Wednesday. There are many people in that sample that do front-line jobs, for example in retail, manufacturing, or hotels and restaurants and they naturally dont work from home because of the nature of those jobs.

In other words, you cant work on a construction site or at a 7-Eleven from home.

Elsewhere in the study, the same breakdown reappears, this time focusing on those who completed a four-year college degree. In their case, hybrid work is a much bigger piece of the pie (42%), owing to the fact that many teleworkable jobs, as Barrero called them, require a college degree (although they may not for long). Plus, Barrero added, there are still countless college-educated workersdoctors, nurses, plant engineerswith primarily in-person jobs, and thats unlikely to change anytime soon. 

Among those who have the capability to do their jobs from home, a hybrid plan wins out by a landslide. Fully remote work is more common for this group, naturally, than the greater sample, but it remains a markedly smaller share than hybrid or fully in-person. Thats hardly surprising to the researchers, who know that workers are happy to meet up with their colleagues on a semi-regular basisso long as its on their own terms.

Hybrid always wins

Employees equate the value of a hybrid work arrangement with about an 8% pay increase, according to research Bloom published in October. That means theyd opt for a hybrid policyor to hold onto it if they currently have iteven if their boss offered them almost 10% more pay to return to work full-time. Workers in the tech sector put the value of working from home two to three days a week at slightly over 11% of their current pay, Blooms research finds. (No wonder so many Google employees are incensed over the companys latest return-to-office mandate). 

Its no surprise, then, that bosses and workers disagree on which way is forward. Bosses, on the whole, have come to believe that remote workers are significantly less productive. (Some such bosses, like Elon Musk and Jamie Dimon, are more outspoken on that point than others). 

They might have a point. An October 2022 report by Liberty Street Economics, an arm of the Federal Reserve Bank of New York, made calculations based on the American Time Use Survey, a nationally representative survey by the Bureau of Labor Statistics that measures both the amount of time people spend on various activities and where those activities occur. It found that remote workers decreased time spent working each week and increased their time spent on leisure and sleepingby three-and-a-half hours. 

On the other side of the coin, studies have proven that workers find hybrid work to be more productive, more lucrative, and, often, better for their mental health. Add in skyrocketing inflation when it comes to buying work clothes, transit passes, and desk lunches, and working from home is almost always more cost-effective.

Looking ahead, the general working population is indeed going to skew more fully in-person, Barrero predicts, while the highly educated subpopulations (or really anyone who can work from anywhere) will likely stay home where they can. 

These breakdowns have been pretty stable for much of the past year, other than some modest shifts away from fully remote work, Barrero said. I would not expect big moves given this recent history. The share of days worked from home has remained stablemoving basically sidewaysat around 28% since mid-2022. 

Even if the remaining 72% of the week becomes in-person rather than at-home, Bloom thinks most workers can rest easyif their companies are smart.

In 2023, well be laughing at anyone who does anything else but hybrid, Bloom predicted to Fortune last fall. So the tide may be turning against remote work in many managers mind, but not quite yet in practice.

Jordan is selling to a group led by Gabe Plotkin and Rick Schnall, the Hornets said. Plotkin has been a minority stakeholder in the Hornets since 2019. Schnall has been a minority owner of the Atlanta Hawks since 2015 and is in the process of selling his investment in that team.

Its not clear how long the process of selling will take to be finalized by the NBAs Board of Governors. Jordan plans to keep a minority stake in the Hornets, the team he bought in 2010 for about $275 million.

Jordans decision to sell ends his unsuccessful 13-year run overseeing the organization.

In the same way that its wonderful that one of our greatest, Michael Jordan, could become the principal governor of a team, he has the absolute right to sell at the same time, NBA Commissioner Adam Silver said earlier this month at the NBA Finals. Values have gone up a lot since he bought that team, so that is his decision.

In that same news conference at the finals, Silver said the Board of Governors are focused on diversity in ownership groups.

I would love to have better representation in terms of principal governors, Silver said. Its a marketplace. Its something that if we were expanding that the league would be in a position to focus directly on that, but in individual team transactions, the market takes us where we are.

The sale price was not immediately announced; ESPN, citing sources, said the franchise was being valued at $3 billion. The most recent sale of an NBA team came when Mat Ishbia bought the Phoenix Suns, a deal that when struck in December valued that franchise at $4 billion.

Jordan declined comment on the sale through his spokesperson, Estee Portnoy.

For as great as Jordan was on the court national champion at North Carolina, two-time Olympic gold medalist, six-time NBA champion and in the never-ending conversation for best player ever the Hornets never reached a championship level during his time as the owner.

Charlotte went 423-600 in his 13 seasons in charge, the 26th-best record over that span. It never won a playoff series in that time and hasnt even been to the postseason in the last seven seasons.

Other members of the new potential Hornets ownership group pending the approval are recording artist J. Cole, Dan Sundheim, Ian Loring, country music singer-songwriter Eric Church, Chris Shumway and several local Charlotte investors, including Amy Levine Dawson and Damian Mills.

Along with the Hornets, HSE ownership includes the NBA G Leagues Greensboro Swarm and NBA 2K Leagues Hornets Venom GT, as well as managing and operating the Spectrum Center, each of which is included as part of the sale.

When Jordan, who grew up in Wilmington, North Carolina, purchased majority ownership in the team, it created a great amount of buzz.

But the Hornets struggles and inability to turn things around bothered Jordan. The first inclination that he was looking to get out of the NBA ownership business came in 2020, when he sold a minority stake to Plotkin and Sundheim.

The Hornets are coming off an injury-plagued 27-55 season and hold the No. 2 pick in the NBA draft. Victor Wembanyana is expected to go first overall on Thursday night, leaving Charlotte with the choice of either G League star guard Scoot Henderson or Alabamas Brandon Miller.

Charlottes biggest star is LaMelo Ball, and the team still has some decent foundational parts to build around including Terry Rozier, Gordon Hayward, P.J. Washington and Mark Williams, the teams starting center who played well last year as a rookie.

Jordan was often criticized as an owner for not spending enough in free agency to make the Hornets competitive.

He took over a team in 2010 that had won 44 games the year before but had been swept by the Orlando Magic in the first round.

It went downhill from there.

Charlotte still the Bobcats at the time was 34-48 in its first year under Jordan and then an NBA-worst 7-59 the following year. But despite the abysmal record, Charlotte failed to land the No. 1 pick in the NBA draft lottery and Anthony Davis.

Charlotte got back to the playoffs in 2013-14 but was swept by the Miami Heat. Two years later, the Hornets won 48 games but lost again to the Heat in the first round, this time in seven games.

In the seven years since, Jordans Hornets have had only one winning season and have twice exited early in the play-in tournament as the 10 seed.

Charlotte has not won a playoff series since the 2001-02 season and has never won an NBA championship.

It is unclear why the podcast, hosted by Meghan, is leaving the platform but Spotify and Archewell Audio said in a joint statement that the decision was mutual.

Archewell landed a multiyear partnership with Spotify in 2020 to create podcasts and shows that would tell stories through diverse voices and perspectives.

The podcast premiered in August last year with tennis great Serena Williams as a guest and it was an instant hit.

It topped Spotify charts in seven countries, including the U.S. and the U.K., and it won the top podcast award at the Peoples Choice awards last year.

I loved digging my hands into the process, sitting up late at night in bed, working on the writing and creative. And I loved digging deep into meaningful conversation with my diverse and inspiring guests, laughing and learning with them, and with each of you listening, Meghan, the Duchess of Sussex, said at the time.

The show also had as guests Mariah Carey, Trevor Noah, Mindy Kaling and Paris Hilton.

Tech companies have been cutting costs in a rough economic environment and Spotify has not been immune. Six months after announcing that it would cut 6% of its global workforce, or about 600 jobs, Spotify said last week that it was trimming another 200 jobs.

The company said at the time that it would be combining podcast networks Parcast and Gimlet into its Spotify Studios operation.

Prince Harry has been at the High Court of London this month. He is accusing the publisher of the Daily Mirror of using unlawful techniques on an industrial scale to score front-page scoops on his life. The Duke of Sussex became the first senior member of the royal family to testify in more than a century.

The Grizzlies star player was shown in the video in May flashing the gun while sitting in the passenger seat of a car. The livestream on Instagram came after Morant served an eight-game suspension for a video in March showing him flashing a handgun in a strip club.

Morant is due to make around $33.5 million this season. He now stands to lose just over $300,000 per game during this suspension or approximately $7.5 million. He also will have to adhere to certain conditions before being reinstated, the NBA said.

Ja Morants decision to once again wield a firearm on social media is alarming and disconcerting given his similar conduct in March for which he was already suspended eight games, NBA Commissioner Adam Silver said. The potential for other young people to emulate Jas conduct is particularly concerning. Under these circumstances, we believe a suspension of 25 games is appropriate and makes clear that engaging in reckless and irresponsible behavior with guns will not be tolerated.

The league said Morant will be ineligible to participate in any public league or team activities, including preseason games during his suspension.

The Grizzlies suspended Morant indefinitely from team activities after the second video surfaced, in anticipation of an NBA sanction.

We respect the Leagues decision to suspend Ja Morant following this latest episode, the Grizzlies said in a statement Friday. Our standards as a league and team are clear, and we expect that all team personnel will adhere to them.

The two-time All-Star apologized again Friday to the league, the Grizzlies, his teammates and the city of Memphis in a statement issued through his representatives. He told Silver, Grizzlies owner Robert Pera and Memphis general manager Zach Kleiman he is sorry for the harm hes done after being given the chance to be a pro athlete.

Morant also apologized to children who look up to him for failing them as a role model. Morant made clear hes had time to reflect and understands the hurt he might have caused.

I promise Im going to be better. To all of my sponsors, Im going to be a better representation of our brands. And to all of my fans, Im going to make it up to you, I promise, Morant said.

Morant said hell use the offseason and this suspension to keep working on both his mental health and decision-making.

On May 24, police conducted a welfare check on Morant and said he was fine after cryptic messages appeared on the guards Instagram account and were later deleted. A police spokesman said Morant told officers he was taking a break from social media.

I hope youll give me the chance to prove to you over time Im a better man than what Ive been showing you, Morant said Friday.

Silvers stance is clear: Morants actions, even without being charged with a crime, have severe consequences, particularly at a time in the country where gun violence is a massive problem and Morant one of the leagues most popular players is looked to as a role model by children and adults alike.

Waving them around, displaying them in a certain context, is not consistent with gun safety and is not the proper message that an NBA player, particularly one at Jas level, should be sending to the tens of millions of followers he has and particularly when its an incident once again, where its been streamed live on social media, Silver said earlier this month at the NBA Finals.

The suspension almost certainly means that Morant will not be eligible for any end-of-season awards in 2024, such as MVP and All-NBA. Under the new Collective Bargaining Agreement that goes into effect July 1, a player must appear in 65 games (with limited exceptions) to be eligible for awards.

Its also reasonable to think that Morant will miss the leagues inaugural in-season tournament, which is expected to start this fall and end sometime in December. The league has yet to announce if the tournament is definitely happening, nor has it released the finalized schedule.

For Ja, basketball needs to take a back seat at this time, Silver said. Prior to his return to play, he will be required to formulate and fulfill a program with the league that directly addresses the circumstances that led him to repeat this destructive behavior.

Morants eight-game suspension cost him about $669,000 in forfeited salary after the first video surfaced in March.

The second video captured May 13 was widely shared online after being streamed by a Morant associate.

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AP Basketball Writer Tim Reynolds contributed to this story.