4 ms·
I was talking to a friend the other day who told me about multiple recent grads from their PhD program joining tech companies that were willing to pay for a sha
by ddavis 8y ago
I was talking to a friend the other day who told me about multiple recent grads from their PhD program joining tech companies that were willing to pay for a shared work space office for remote employees. One said it was significantly cheaper to expand their team with remote employees and offer to pay for WeWork spaces than to expand the physical office space they already had (new hires got to choose what they wanted to do).
- SOLAR_FIELDS 8y agoIt’s definitely a business model that fills a niche. And it clearly offers value. The problem is that when the economy tanks these sort of arrangements will be the first to go as the tech companies trim expenses and either relocate the employees, fire them, or force them to work from home. It seems at this point that WW has a great offering when everyone has money, but the second the economy turns they are going to be the ones holding the proverbial bag.