Tag: Coworking

Although WeWork’s closures are expected to cut down its top-line revenue, the company claims that the decrease in expenses would add $140 million in annual adjusted EBITDA.

Remote workers are increasingly leaving the confines of their home — but that doesn’t mean they’re returning to the office.

Allwork.Space’s financial expert weighs in on the reasons behind inflation and how it may impact the coworking industry through next year.

Through this new offering, WeWork will provide members with access to more private executive suites and a branded environment, while still offering lease flexibility.

The 60,000 square foot lease will mark Jay Suites’ tenth location and feature both coworking and event space amenities.

THRIVE Coworking has joined The League of Extraordinary Coworking Spaces (LExC,) a coalition of over 100 coworking spaces around the world.

Newark, New Jersey claims to have seen the highest spike of freelancers between 2019 and 2021, but only has two coworking spaces per 1,000 of these professionals.

The coworking firm will exit around 40 U.S. locations due to not meeting “our design criteria, have obsolescence or… an oversupply in the market,” according to WeWork’s CEO.

According to Industrious CEO Jamie Hodari, the company has plans to expand its footprint across the Bay Area in the coming months.

Serendipity Labs recently moved out of its downtown Chicago location, but suggests that it will expand into the city’s suburbs over the next few months.