4 ms·

Do they seriously have employees at each? I assumed it was either a franchise or contractor thing. Rare for a tech company to actually hire people directly for

Do they seriously have employees at each? I assumed it was either a franchise or contractor thing. Rare for a tech company to actually hire people directly for that sort of thing.

tentboy 7y ago
They aren't a tech company. They are an office leasing and real estate company, and have the appropriate employees for this type of business.
- meritt 7y ago
  > and have the appropriate employees for this type of business I disagree. WeWork has 836 locations and 12.5k (now 10k) employees, or ~12-15 employees per location. Regus/IWG has 3,306 locations and 9.6k employees, or ~3 employees per location. How is 4-5x the number of employees for a comparable non-tech company appropriate?
  - TheCoelacanth 7y ago
    WeWork is trying to grow aggressively, so they probably have a shit-load of sales people.
  - ghaff 7y ago
    You'd have to know how the two companies split functions between employees and contractors. Though I'd not be surprised if WeWork were staffed relatively heavily. To note something random, WeWork has an (unstaffed) booth at Kubecon which suggests they do marketing activities that someone like Regus generally doesn't.
    - vonmoltke 7y ago
      I have seen Regus people at conferences before. They may be more selective, but they do these things as well.
    - onlyrealcuzzo 7y ago
      Probably because Regus is more interested in running a business and not advertising to potential investors how cool it is. Just my guess.
      - admn2 7y ago
        On top of that, Regus pays a huge portion of the employees at center hourly. I know Regus is not sexy, but they should get credit for focusing on economics that work at scale rather than just pumping up some ridiculous valuation with no chance of liquidity outside of getting bought or IPOing.
  - rchaud 7y ago
    WeWork has a number of side businesses that have no link to their office business. Regus does not.
derision 7y ago
WeWork is not a tech company
GhettoChild 7y ago
Something I love is how companies have been able to convince people that they are a tech company just because they have an app even when they do something which has existed before the internet was even around.
Sohcahtoa82 7y ago
Why do people keep referring to WeWork as a tech company?

Do they seriously have employees at each? I assumed it was either a franchise or contractor thing. Rare for a tech company to actually hire people directly for that sort of thing.

tentboy 7y ago

They aren't a tech company. They are an office leasing and real estate company, and have the appropriate employees for this type of business.

meritt 7y ago
> and have the appropriate employees for this type of business I disagree. WeWork has 836 locations and 12.5k (now 10k) employees, or ~12-15 employees per location. Regus/IWG has 3,306 locations and 9.6k employees, or ~3 employees per location. How is 4-5x the number of employees for a comparable non-tech company appropriate?
- TheCoelacanth 7y ago
  WeWork is trying to grow aggressively, so they probably have a shit-load of sales people.
- ghaff 7y ago
  You'd have to know how the two companies split functions between employees and contractors. Though I'd not be surprised if WeWork were staffed relatively heavily. To note something random, WeWork has an (unstaffed) booth at Kubecon which suggests they do marketing activities that someone like Regus generally doesn't.
  - vonmoltke 7y ago
    I have seen Regus people at conferences before. They may be more selective, but they do these things as well.
  - onlyrealcuzzo 7y ago
    Probably because Regus is more interested in running a business and not advertising to potential investors how cool it is. Just my guess.
    - admn2 7y ago
      On top of that, Regus pays a huge portion of the employees at center hourly. I know Regus is not sexy, but they should get credit for focusing on economics that work at scale rather than just pumping up some ridiculous valuation with no chance of liquidity outside of getting bought or IPOing.
- rchaud 7y ago
  WeWork has a number of side businesses that have no link to their office business. Regus does not.

derision 7y ago

WeWork is not a tech company

GhettoChild 7y ago

Something I love is how companies have been able to convince people that they are a tech company just because they have an app even when they do something which has existed before the internet was even around.

Sohcahtoa82 7y ago

Why do people keep referring to WeWork as a tech company?