Tag: Business

WeWork has announced that it will divest its Russia operations just days after CEO Sandeep Mathrani said the company had plans to keep its four Moscow locations open.

Businesses are ceasing their Russian operations following the country’s invasion of Ukraine as the public demands companies take social responsibility in global issues.

Citrix was recognized by Apps Run the World for offering flexible workplace solutions, which have become increasingly relevant in the last two years.

WeWork’s shares have fallen by over half since it went public in October, and reports now reveal that the company is looking to raise new equity.

According to an email from CEO Tim Cook, employees will start by returning to the office one day a week, with the full pilot launching on May 23.

Twitter CEO Parag Agrawal emphasized a message the company has abided by since the early days of the pandemic: workers will never be forced to come into the workplace.

Google employees in the San Francisco Bay Area were informed that the company “can officially begin the transition to the hybrid work week” starting April 4.

A report shows that average hourly earnings grew by 0.5% last month, bringing the year-over-year gains to 5.8%, but wages can’t seem to keep up with record high inflation.

The company’s headquarters in Charlotte, North Carolina has introduced new flexible work options for its 800 employees, as well as its 34,000 workers across the country.

WeWork CEO Sandeep Mathrani has confirmed that the coworking provider will continue to operate in Russia, citing how well its four locations in Moscow perform.