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Despite coworking companies taking a short-term hit from the pandemic, WeWork Australia’s manager Balder Tol remains optimistic about the future of the industry.

Data from Accumulate Capital has revealed that nearly three-quarters of 500 senior business decision makers will look to downsize to smaller offices over the next year.

Despite WeWork India seeing a 15% decrease in clients due to the ongoing pandemic, CEO Karan Virwani expects the coworking company’s revenue to grow by 25% this year.

Several coworking companies have started marketing their workspaces as a place of solace and collaboration in the suburbs, rather than a shared, crowded office.

ServCorp typically services small and medium-sized companies looking for flexible workspace solutions, but the company is seeing more inquiries from large enterprises.

As some countries adopt working visa programs, companies that are continuing to operate remotely may see an uptick in their employees becoming digital nomads.

As organizations plan out their next strategic move, businesses should look into operating with a hybrid work arrangement to get the perks of remote and in-office work.

Companies are planning their long-term strategies with the pandemic weighing heavy on their conscience, so how can businesses meet the post-pandemic needs of a workplace?

Architects are beginning to sketch out what the office could look like in the future, and it will likely include distanced workstations, touchless technology and more.

Companies are weighing out how to bring workers back into the office without risking their safety, and adopting a hub-and-spoke model may be the most effective strategy.