Coworking

WeWork’s latest credit downgrade from Fitch Ratings drops it to CC, aka worse-than-junk status. 

What’s going on:      WeWork raising "substantial doubt” about its ability to continue financially due to significant losses and liquidity issues has experts raising questions on how a bankruptcy would impact...

By converting residential properties into workspaces, Radious is aiming to offer an intimate and proximate working environment that could cut down commute times.

The coworking company witnessed an unexpected, but temporary, 162% surge in its share price last week — which some believe is due to the “meme-stock” investing.

As the U.S. workforce widely adopts remote and hybrid work models, it becomes increasingly beneficial for community resources to reflect these trends.

WeWork India, which is mainly backed by the Bengaluru-based Embassy Group, has stated that the global developments will not influence its operations in India.

WeWork has appointed four new directors, all with previous experience in managing corporate bankruptcies and restructurings, to fill these gaps.

26% of zip codes in Miami have at least one coworking space.

CEO Mark Dixon cited the company's expanding business operations in the U.S., which currently make up more than half of IWG's business and profits, as the primary reason for this...

Some experts believe that if WeWork were to collapse, it would add to the high office vacancy rates in key commercial real estate markets, particularly in North America which would...