Cushman & Wakefield Teams Up With Industrious

Cushman & Wakefield is teaming up with coworking firm Industrious to provide flexible work options for employees.

This new partnership hopes to offer professionals a workspace outside of large office environments as businesses slowly bring employees back into the workplace.

Over the past several months, the coworking industry has suffered from closures and layoffs. For instance, Industrious laid off nearly 20% of its workforce in April. Additionally, Cushman & Wakefield saw a net loss of $100 million in the second quarter, down from a $6.3 million profit just one year ago.

Industrious, along with other operators like Quest Workspaces, have started reconfiguring their spaces to meet increasing demand from large companies. This means installing more private areas, integrating touchless technology and increasing sanitation techniques.