• Events
  • Marketplace
  • Resources
  • Press Releases
  • Business Directory
  • About Us
  • Advertise
  • Contact
The FUTURE OF WORK® since 2003
Allwork.Space
Subscribe
  • All Topics
    • Business
    • Biophilic Design
    • Career Growth
    • Coliving
    • Collaboration
    • Coworking
    • CRE
    • DE&I
    • Digital Nomads
    • Future of Work
    • Home Office
    • Human Resources (HR)
    • Hybrid Work
    • Investment
    • Leadership
    • Marketing
    • Mental Health
    • Mergers & Acquisitions
    • Office Furniture
    • Productivity
    • PropTech
    • Remote Work
    • Self-care
    • SMBs
    • Social Impact
    • Space-as-a-Service
    • Technology
    • Virtual Office
    • Work-life Balance
    • Workforce
    • Workplace Design
    • Workplace Wellness
  • News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • Marketing
  • CRE
  • Podcast
  • More
    • Advertise With Us
    • Marketplace
    • Events
  • All Topics
    • Business
    • Biophilic Design
    • Career Growth
    • Coliving
    • Collaboration
    • Coworking
    • CRE
    • DE&I
    • Digital Nomads
    • Future of Work
    • Home Office
    • Human Resources (HR)
    • Hybrid Work
    • Investment
    • Leadership
    • Marketing
    • Mental Health
    • Mergers & Acquisitions
    • Office Furniture
    • Productivity
    • PropTech
    • Remote Work
    • Self-care
    • SMBs
    • Social Impact
    • Space-as-a-Service
    • Technology
    • Virtual Office
    • Work-life Balance
    • Workforce
    • Workplace Design
    • Workplace Wellness
  • News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • Marketing
  • CRE
  • Podcast
  • More
    • Advertise With Us
    • Marketplace
    • Events
No Result
View All Result
Allwork.Space
OfficerRnD_ Flex Startup Program_Image_Leaderboard_AllWork_728x90
Home Daily Digest

Managed By Q Lays Off Several Employees

Aayat AlibyAayat Ali
March 10, 2020
in Daily Digest
Reading Time: 1 min read
A A
DDI
Share on FacebookShare on TwitterShare to Network
Nexudus Ad

Workplace technology company Managed by Q has laid off over 75 of its employees as part of its sale to San Francisco-based startup and competitor Eden. The Managed by Q brand is also expected to be retired in the next few weeks.

The startup’s cofounder and former CEO Dan Teran, who attempted to buy back his company from WeWork but was outbid, addressed the layoffs in a blog post and thanked “those that will remain to ensure a smooth transition.”

Survey

It was reported that Teran would have successfully acquired the company, but negotiations were delayed as SoftBank brought in a new CEO. This led Eden to continue to raise more money, which helped finance the acquisitions.

WeWork has been selling off several of its recently acquired companies and stakes after its plans for an IPO fell apart, including Managed by Q, software company Teem and female-oriented coworking company The Wing.

More stories for you

Could Facebook Rebrand Hurt Their Retention

Could Facebook’s Rebrand Hurt Their Retention?

2 years ago
WeWork And Cushman Mark The Beginning Of Strategic Partnership

WeWork And Cushman & Wakefield Mark The Beginning Of Strategic Partnership

2 years ago
Real Estate Platform Launches Mix-Use Residential Product

Real Estate Platform Launches Mix-Use Residential Product

2 years ago
Cutting Pay For Remote Workers Could Come Back To Bite Employers

Cutting Pay For Remote Workers Could Come Back To Bite Employers

2 years ago

Managed by Q had 500 employees at the time of its sale in April 2019, valuing the company at $220 million. Eden reportedly paid only $25 million for the now 100-person company last week.

Tags: daily_digest
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

No Result
View All Result
Survey

Latest News

Employee Monitoring Raises Ethical Questions, New Advisory In U.K.

Employee Monitoring Raises Ethical Questions, New Advisory In U.K.

October 3, 2023
U.S. Workforce Prioritizing Flexibility Over Job Hopping

U.S. Workforce Prioritizing Flexibility Over Job Hopping

October 3, 2023
WeWork Starts Default Countdown Clock As It Refuses To Make Interest Payments

WeWork Starts Default Countdown Clock As It Refuses To Make Interest Payments

October 3, 2023
Alliance Virtual Offices Enters Inc. 5000 List of Fastest-Growing Companies 2023

Alliance Virtual Offices Enters Inc. 5000 List of Fastest-Growing Companies 2023

October 3, 2023
Retirement Realities Around The World: Exploring The Gap Between Official And Actual Retirement Ages

Retirement Realities Around The World: Exploring The Gap Between Official And Actual Retirement Ages

October 2, 2023
Meta’s Return-to-Office Fiasco: Hybrid Work Causes Confusion, Challenges

Meta’s Return-to-Office Fiasco: Hybrid Work Causes Confusion, Challenges

October 2, 2023

News and Features

Business

Tech

Marketing

Design

Work-life

CRE

Coworking

Workforce

Daily Digest

Podcast

Resources

Marketplace

Events

Press Releases

FlexSpace, Coworking
and Office Space

Los Angeles

New York

Chicago

Washington, D.C.

Houston

Dallas

Miami

San Francisco

Atlanta

Philadelphia

Seattle

Austin

Company

About Us

Submit to Allwork.Space

Contact

Advertise

FlexSpace

Terms Of Use

FlexSpace FAQs

Privacy Policy

Connect with Allwork.Space

Twitter

Linkedin

Facebook

Instagram

YouTube

Apple Podcasts

Spotify

Google Podcasts

©2023 Allwork.Space  l  Exploring the FUTURE OF WORK® since 2003.

No Result
View All Result
  • Home
  • News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Experts
    • Podcast
    • Opinions
  • Resources
    • Research + Reports
    • Marketplace
    • Find Office Space
    • Find Remote Jobs
    • Press
  • Events
  • About Us
    • Advertise
    • Submit to Allwork.Space
    • Contact
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00