WeWork is all about community. Will social distancing crash its business model?

  • 📰 latimes
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 82%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

It was the hot idea out of the last financial crisis: Save money on office costs by bringing strangers together in hip, well-appointed communal working spaces. But can WeWork and other providers of shared office space survive social distancing?

The company recently opened an office in Woodland Hills and plans spring openings in downtown Glendale and at showbiz-centric Lantana Center in Santa Monica. A Beverly Hills branch is set to open this summer in the former headquarters of talent representative Creative Artists Agency.

For the time being, some co-working companies such as Convene have suspended operations or reduced the number of open offices. Others, including Knotel, have laid off staff and are looking for ways to quickly shed underperforming offices by cutting deals with their landlords.The Wing, a co-working provider for women, announced earlier this month that it would close its branches, including one in West Hollywood, and lay off or furlough employees in the hope of reopening in the future.

“We are going to carry the trauma of this virus risk with us for some time,” Gabriel said. People will avoid “anything that has the word ‘co’ in front of it — co-working, co-living.”

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 11. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Can we survive loss of one billion taxpayers dollars our governor decided to give Chinese for the masks purchase.

paywall

They are going to do great. After this, most business will just go with work from home with occasional meetings at shared sites.

WeWork

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

How founders are negotiating with WeWork in the middle of the pandemic - Business InsiderWeWork members are getting fed up paying rent while the coworking giant tries to catch a break on its own leases. Here's how 4 entrepreneurs are trying to get out. Only Go-Getters can survive in today's world -Ethics & Goodwill key to a Worthy lifestyle
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »