Tag: daily_digest

WeWork has sold off one of its many acquisitions, meeting space technology company Teem, to workplace solutions firm iOffice to recoup its losses after its failed IPO.

Despite the economic uncertainties that have hit Asia in the past few years, its office and flexible workspace sectors are expected to continue flourishing in the future.

Now that the dust has settled after WeWork’s failed IPO, the firm is trying to get back on track by laying off staff, slowing expansion and focusing on its core ...

In Southeast Asia, companies have embraced coworking as a place to hone in on community and flexibility thanks to the various operators that are thriving in the area.

Chicago-based Novel Coworking became profitable less than a year after its founding in 2013 and is a prime example of how a coworking company can become sustainable.

Companies across the spectrum have started adopting a remote workforce, and thanks to technological advancements, managing these teams has become more efficient.

The 2020 Modern Families Index found that working parents who had flexible work options had trouble balancing their work life and home life due to being overworked.

Analysts wondered whether WeWork’s failed IPO would have an impact on the whole coworking industry, but firms are turning to new business models to avoid setbacks.

Flexible workplace policies have been proven to improve the lives of both employees and employers, but why are some organizations still wary of embracing this model?

During the last quarter of 2019, WeWork’s largest markets New York and London hit a lease-signing slump after only leasing 64,000 and 49,000 square feet respectively.