Future of work newsletter free subscription Future of work newsletter free subscription Future of work newsletter free subscription
  • Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Workspaces Run Better On UltraSoftBIS
Home News Coworking

WeWork’s Dwindling Market Cap Could Indicate Larger Problems

WeWork’s market cap fell to $1.35 billion this year from $2.3 billion seen at the beginning of the month. But troubles within the company trying to rebrand itself began months ago.

Aayat AlibyAayat Ali
December 15, 2022
in Coworking
Reading Time: 2 mins read
A A
WeWork’s Dwindling Market Cap Could Indicate Larger Problems
Advertisements
Kube Suite

More stories for you

The Real Reason Coworking And Flex Spaces Struggle To Make Money

The Real Reason Coworking And Flex Spaces Struggle To Make Money

1 day ago
WeWork Returns to NYC with First New Location Since 2019

WeWork Returns to NYC with First New Location Since 2019

2 days ago
Mail Compliance Made Simple What Every U.S. Coworking Operator Should Know

Mail Compliance Made Simple: What Every U.S. Coworking Operator Should Know

2 days ago
Coworking Explodes Across EMEA, Tripling In Size As Hybrid Work Reshapes Office Demand

Coworking Explodes Across EMEA, Tripling In Size As Hybrid Work Reshapes Office Demand

6 days ago

Demand for coworking is healthy, but this doesn’t necessarily mean a slam dunk for the industry’s biggest operators.   

WeWork’s market cap fell to $1.35 billion this year from $2.3 billion seen at the beginning of the month. But troubles within the company trying to rebrand itself began months ago. 

Advertisements
Workspaces Run Better On UltraSoftBIS

While the company has successfully shed its reputation of being a party hub under the rule of co-founder and former CEO Adam Neumann, it is still grappling with over supply. This led the company to recently close down 40 locations in preparation for disappointing Q4 earnings.   

From July to September, WeWork had a negative cash flow of $4.3 billion. Borrowing from its largest investor SoftBank helped keep it afloat during ongoing economic turbulence, but this is just a band aid covering a much larger wound.   

Advertisements
Nexudus - Tech Stack Lovers

In contrast, WeWork’s biggest competitor Regus, which naturally faced similar challenges being part of the flexible office industry, managed to keep its portfolio relatively profitable. Although the IWG-owned company has certainly seen its own fair share of issues, it is faring much better than its US-based counterpart. 

Although the future of the flexible office market remains uncertain, it appears that IWG’s more standard and rigid structure has allowed it to maintain some success. On the other hand, WeWork’s more laid-back approach could be its Achilles’ heel in the new year. 

Advertisements
Subscribe to the Future of Work Newsletter
Source: Business Insider
Tags: BusinessCoworking
Share10Tweet7Share2
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.

Other Stories Recommended For You

The Real Reason Coworking And Flex Spaces Struggle To Make Money
Coworking

The Real Reason Coworking And Flex Spaces Struggle To Make Money

byHarun Biswas
1 day ago

Coworking spaces struggle with hidden costs and need tech and cost visibility to stay profitable.

Read more
WeWork Returns to NYC with First New Location Since 2019

WeWork Returns to NYC with First New Location Since 2019

2 days ago
Mail Compliance Made Simple What Every U.S. Coworking Operator Should Know

Mail Compliance Made Simple: What Every U.S. Coworking Operator Should Know

2 days ago
Coworking Explodes Across EMEA, Tripling In Size As Hybrid Work Reshapes Office Demand

Coworking Explodes Across EMEA, Tripling In Size As Hybrid Work Reshapes Office Demand

6 days ago
Advertisements
Yardi Kube automates flex and coworking operations
Advertisements
Nexudus - Tech Stack Lovers

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
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