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The startup has launched a $15 million venture capital arm Workbox Ventures, which will focus on investing into HR, financial and property tech.

The coworking firm has inked a deal to open a new coworking space on Pacific Coast Highway — the largest office lease signed in the area in one decade.

According to a report from the Washington Post, Musk informed prospective investors that under his watch, massive layoffs were coming for the company’s 7,500 employees.

Research from Qualtrics shows that 64% of workers believe it has become more difficult to pay for expenses today than even one year ago.

Although job openings remain vast, the expected recession has led the world’s largest companies to take cost-cutting measures to weather the storm.

Analysis from Revelio Labs shows that the average length of 17,000 laid off workers was 1.2 years.

Despite the evolution that work structures have undergone in recent years, one adage seems to be sticking: the traditional 8-hour work day.

The study took into consideration multiple categories to determine the best cities for remote workers including: affordability, amenities, connectivity, financial incentives and workspace availability.

While this simulation-like return to normalcy could have been the key to alleviating burnout, other factors have emerged that are leaving workers even more burdened than ever before.

The path towards a remote future isn’t so cut and dry — global events, environmental factors and shifting employee expectations are predicted to impact the future of work.