News

Masayoshi Son of SoftBank has enlisted the help of former Sprint CEO Marcelo Claure to help clean up WeWork after delaying its anticipated initial public offering.

When worrying details of WeWork’s S-1 filing came to light, its financial losses, business practices and Neumann’s behavior have led the firm into unfamiliar territory.

The Instant Group report titled ‘UK Market Summary: Flex is Leading the Way’ found that flexible spaces took up over a third of London’s commercial property transactions.

The yield on WeWork’s bonds soared above 10% and saw its 7.875% bonds due 2025 fall 3.25 cents on the dollar to 87.75 cents after the firm’s credit rating was...

One of WeWork’s biggest rivals Knotel has expanded in London with an additional 140,000 square feet, bringing its total footprint in the city to 360,000 square feet.

Desana is a subscription-based app that allows users to access a variety of coworking spaces across the U.K., which is useful for workers looking for more freedom.

WeWork will sell its luxurious Gulfstream G650 jet that former CEO Adam Neumann used for global travel, which was the backdrop of some of the co-founder’s wild behavior.

Many offices today are finding ways to move away from the cubicle layout, to more flexible, open-office plans that have been proven to boost productivity and wellness.

Multiple former and current WeWork executives have expressed grave concern about Adam Neumann’s leadership and business practices, as well as the company’s new co-CEOs.

A CBRE report finds Boston has the fourth largest coworking market in the U.S. with a square footage of 3.7 million square feet, following Chicago, L.A. and Manhattan.