Coworking spaces are taking a major hit as millions of companies are forced to adopt a work-from-home policy to prevent the spread of the coronavirus.
Coworking spaces have prided themselves on their ability to encourage unique collaboration unseen at traditional offices. But with social distancing and strict sanitization guidelines in place for the time being, could these shared offices be in trouble?
The pandemic has forced several operators to close down their facilities, but some argue that the coworking model is resilient enough to withstand this health crisis.
Coworking spaces provide a cost-effective solution for companies large and small. Additionally, they host a community unlike any other as people from various industries have a chance to come together and network.
Traditional offices are often paired with direct competition, but coworking spaces offer an environment that is supportive and allows everyone to get a share of the pie.
Although coworking spaces may suffer a hit to usage for the next bit, its model is poised to stand firm against the coronavirus.