Year: 2021

Tenants are demanding more flexibility in their work day, which is why many have turned to coworking spaces in order to maintain balance between work and life.

During a conference call, IWG CEO Mark Dixon said that WeWork’s goal of becoming profitable would need a miracle as his own company faces low profits for this year.

The Centre for Cities is predicting that the traditional five-day work week could become the mainstay again within two years as people grow to desire the physical office.

Despite early optimism, IWG is expecting profits to be “well below” 2020 levels, which has led to a 15% drop in shares. However, IWG is playing the long game and ...

Digital teams have become a big part of the workforce, but before companies adopt this way of operating, they need to have a one-stop-shop for all work-related needs.

Workers returning to the office may be at risk for the burnout they may have dealt with pre-pandemic, so employers need to ensure they remedy the cause of this issue.

As companies turn to temporary leases to accommodate increasing demand for flexibility, coworking companies could see a surge thanks to their short-term nature.

A new study commissioned by essensys revealed that tenants do not feel that the tools and infrastructure they are offered within their flex space is sufficient.

In 2020, IWG reported a loss of £620 million due to the pandemic, and now the company is anticipating even more losses this year due to emerging variants and lockdowns.

Apple staffers sent a letter to executives expressing their disapproval of the company’s new work policies that would require them to be in the office three days a week.