WeWork Hits The Brakes On China Expansion
After its failed initial public offering and resignation of Adam Neumann as CEO, WeWork will reportedly halt its expansion in China, the company’s third largest market.
After its failed initial public offering and resignation of Adam Neumann as CEO, WeWork will reportedly halt its expansion in China, the company’s third largest market.
An Avison Young report revealed that landlords are still being cautious of leasing space to coworking operators, but could potentially benefit from this growing sector.
JPMorgan Chase and SoftBank are expected to partner up to build a refinancing package for WeWork as the coworking firm will likely run out of money by mid-November.
Stephen Scherr, CFO of Goldman Sachs, announced that the bank lost about $80 million on its stake into WeWork during the third quarter, but could still make money on it.
Working as a digital nomad is a one-of-a-kind experience, but it can have its difficult times if one does not embrace the cloud, make friends and take time for yourself.
A survey of parents from across the UK by workingdads and workingmums found that men want more flexibility in the workplace to boost their mental health and family lives.
Reports revealed that WeWork will let go of 2,000 of its 15,000 employees as early as this week, and some staff expressed the belief that the layoffs won’t stop there.
Coworking has quickly made its way into the mainstream and can be a great fit for organizations of all sizes depending on a firm’s risk tolerance, cost and cash flow.
To create a healthy, family-like work environment, employers should exercise empathy, establish rules and values, as well as effectively communicate with workers.
A study from Workthere asked workers what their most valuable workplace features are, and how satisfied they were with their current workplace’s offering of the feature.
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