WeWork Sheds Youthful Image as It Lures Big Corporations

  • 📰 WSJ
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

WeWork is trying to revive its business with more-traditional corporate clients that might want flexibility in leasing space as long as the pandemic persists

WeWork enjoyed explosive early growth as a refuge for small startups and freelancers. Now, it is ditching that image while trying to revive its business with larger, more-traditional corporate clients.

With the new emphasis, WeWork hopes to weather a serious downturn in the office market triggered by the coronavirus. In June, large companies accounted for 65% of its new customers, said Sandeep Mathrani, chief executive of WeWork parent We Co. The second quarter marked the first time that companies with more than 500 employees...

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

make it a cannabis/pug cafe & I'd feel at home.

The ultimate zombie company.

WeWorkAtHomeNow, bye

oy vey

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brazil sheds 1.2 million job in first half of year, but losses slow sharply in JuneBrazil's economy lost 1.2 million formal jobs in the first half of the year, official figures showed on Tuesday, but the losses almost evaporated in June, indicating that the labor market is over the worst of the coronavirus crisis.
Source: Reuters - 🏆 2. / 97 Read more »

Spain sheds record number of jobs in second-quarter as COVID-19 bitesSpain lost one million jobs between April and June, its biggest ever quarterly decline, as one of Europe's strictest coronavirus lockdowns pulverised the tourism-dependent economy, official data showed on Tuesday. I guess you have never taken a glimpse at Mexico. It is throwing another 18 million into extreme poverty... which is going to increase insecurity and social unrest... this is worse than the “pandemic” itself.
Source: Reuters - 🏆 2. / 97 Read more »

Action-thriller 'Tenet' to debut internationally from August 26The release date is welcome news for movie theater operators, who are counting on big-budget movies such as 'Tenet' to help lure audiences out of their homes during the pandemic.
Source: trtworld - 🏆 101. / 63 Read more »

Facebook shouldn’t have to sell off Instagram and WhatsApp, Zuckerberg saysMark Zuckerberg will tell a House Judiciary subcommittee that Instagram and WhatsApp are better off under the corporate umbrella of Facebook, despite calls for the government to break up the social giant, according to a copy of his prepared testimony. Of course... Just take his property - he's probably insured against theft, right? There is absolutely nothing better off under the umbrella of Facebook
Source: NBCNews - 🏆 10. / 86 Read more »

Senate Republicans Want to Let Corporations Get Away With MurderThe corporate immunity proposal would take away workers' and consumers' last line of defense. Fascism = When corporations become the government goodness lourde Patbagley I am assuming the House DEM leadership will say 'hell no' to this proposal.
Source: Slate - 🏆 716. / 51 Read more »

Ed Sheeran Recalls Battle with Addiction, Mental Health Struggle: 'Lowest I've Ever Been''It's all fun and games at the start, it's all rock 'n' roll and it's fun, and then it starts getting just sad.' TooFab 😔 TooFab They did him dirty with that pic TooFab Add you could not have mental health issues you are white ginger and of course because you’re white you’re entitled you have never had anything bad in your life that’ their narrative what certain British black racists want to portray fuck them
Source: TMZ - 🏆 379. / 59 Read more »