One side benefit of corporate cheapness when it comes to cutting facilities costs is that I hear some folks have been able to do more "telework" from home as a result. Every person who works out of a home office is one less parking space, one less cubicle, one less person using company energy, et cetera. The aggressive cost cutting many businesses have been doing make it an easier sell in many cases.
I know I started working from home full time as a result of a facilities consolidation when we were only going to renew one of the leases on the two buildings we leased the previous year. That meant space would be at a premium for the employees in the consolidated building, and the facilities manager asked if they could take my office since I was a part-time home office employee (and could use "reservation" style office space when I came into the office). I said I didn't mind if my management was willing to let me become a full-time home office employee, and there was no objection. I get to work in my pajamas with no commute and they save on facilities costs. Win-win.
I've only gone into the office in Austin twice in the last year or so. Once was to pack up all my personal belongings from my office and take them home, and the other was to pick up a new work laptop to replace my ancient and increasingly flaky one.