Tag: daily_digest

Company leaders need to have a carefully executed plan for returning to the workplace and keep in mind the fears, safety and physical and mental health of employees.

A new report from rating agency DBRS Morningstar indicates that WeWork’s profitability and overall future is grim as the company continues to overcome various obstacles.

A report released by CBRE finds that flexible workspaces won’t be going anywhere in the long-term as large companies look for alternative offices to meet evolving needs.

As restrictions are lifted and offices open back up, startups are torn between going back to the workplace, going completely remote, or offering a hybrid of the two.

Major tech companies, including Facebook and Twitter, have announced their commitment to remote working arrangements in order to keep their employees safe and healthy.

Facebook has revealed that it is developing augmented and virtual reality capabilities that aim to transform the way professionals communicate and work together.

WeWork is reportedly looking into closing its coliving company WeLive as it continues to offset its various brands, acquisitions and stakes to stay financially afloat.

Current working arrangements are not reflective of true remote working policies, but companies will likely look into adopting flexibility after the pandemic has subsided.

Many smaller coworking firms will likely be acquired or have to close their doors over the next few months, which could leave Australia with only a handful of providers.

Despite coworking spaces seeing high vacancy rates over the past few months, many operators are optimistic that large companies will lean on them in the coming months.