News

Despite suffering a substantial year-over-year loss in the millions, Smartworks, a prominent shared workspace provider in India, has filed to take its business public.  The company announced it had cut...

General Motors (GM) is laying off more than1,000 salaried employees globally from its software and services division.   Like other large U.S. companies including Cisco and Intel, GM’s announcement comes...

U.S. workers are growing increasingly dissatisfied with their compensation and job prospects, according to a recent labor market survey released by the New York Federal Reserve.   The July 2024 Survey...

UBS Group has announced plans to liquidate $2 billion of properties in its Credit Suisse Real Estate Fund International — including 12 office properties across the United States and Canada.  ...

Jay Properties, the investment branch of flexible workspace provider Jay Suites, made headlines this week after purchasing a historic Midtown Manhattan building for $35 million.  The sale of the 12-story...

LinkedIn’s August 2024 Workforce Report shows summer hiring continued to slowdown from June to July, as recent college graduates continue to face challenges in finding good jobs.  The data reveals...

Networking and IT company Cisco is strategically refocusing its efforts on AI and cybersecurity — a move that will streamline development operations, but also result in the layoff of thousands...

Several flexible workspace providers have seen significant growth in their quarterly reports this year, driven by the widespread acceptance of hybrid work environments and increasing demand for flexible office solutions.  ...

The U.S. federal government's sharp reduction in total amount of office space in Washington, D.C. reflects how views on flexible work are changing across the federal workforce, and it’s forcing...

The office tower at former WeWork site 419 Park Ave. South in Manhattan’s Midtown South is converting from coworking to condos. The Elad Group plans to convert the property into...