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One could speculate whether things would have turned out differently if Covid and the raise of the home office had not happened? If Covid emptied out WeWork's s
by juujian 3y ago
One could speculate whether things would have turned out differently if Covid and the raise of the home office had not happened? If Covid emptied out WeWork's spaces like it cleared out corporate HQs, companies probably just dropped all those contracts and stopped paying WeWork?
- ghaff 3y agoI can also imagine individuals and very small companies that might have defaulted to co-working spaces pre-pandemic who have been in home offices for a few years, are used to working that way now, and just default to keeping things the way they are. (There's also very little call for companies to lease overflow space at the moment.) I'm sure co-working is still going on but I work at a fairly remote company and I don't know the last time I've been on a call with someone in a co-working space.
- wizofaus 3y agoOTOH WeWork became an attractive option for small enough businesses that they terminated office leases during Covid and afterward wanted to have an office space available for employees that can't/don't want to WFH full time. At any rate the Wework building I'm in seems fully occupied - I suspect it would be even if they shrunk some of the "shared spaces" that don't seem like particularly efficient use of real estate (there's 6 floors, all with nearly half dedicated to it!).