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If WeWork goes out of business and closes down, many people will lose their jobs and many people will lose the place where they work. That seems like something
by paulcole 3y ago
If WeWork goes out of business and closes down, many people will lose their jobs and many people will lose the place where they work. That seems like something of value will be lost.
Yes, coworking is still going on for many sole proprietors, small teams, and remote workers. Remote work does not mean work from home.
- sokoloff 3y agoIt’ll be replaced with other short-term, small commitment office space leasing providers. Some will surely be less efficient, meaning more people are employed in total. Coworking will continue even as the providers of it come and go.
- rlpb 3y ago> If WeWork goes out of business and closes down, many people will lose their jobs and many people will lose the place where they work. Why? Assets don't usually just vanish; they merely change hands. The spaces will physically be there. If an individual space is viable and has existing customers then the creditors will sell it to someone who will likely continue to run it. If it is not viable then it will go, but then it's hard to argue it had value.
- paulcole 3y ago[flagged]
- hackernewds 3y agoWeWork did not seem all that of an exemplary place to work tabloid-y source: https://nypost.com/2021/07/17/the-shocking-ways-weworks-ex-ceo-adam-neumann-treated-staff/ https://nypost.com/2021/07/17/the-shocking-ways-weworks-ex-c...
- csomar 3y agoNo the offices will be bought by someone else. The coworking lease will be cheaper. Most of the jobs will be preserved. Everyone will be happy except WeWork investors.