WeWork Cuts Workforce 3%, Says It's Nothing To Worry About As Hiring Continues Briskly
WeWork fires about 300 workers, says they were underperformers and it will keep hiring.
WeWork fires about 300 workers, says they were underperformers and it will keep hiring.
The coworking giant will take the remaining office space at Carr Properties' $650M Midtown Center project, where Fannie Mae opened its new headquarters.
The We Company continues to spend money at a prodigious pace, and though its revenue is growing faster than its losses, it still isn't making a profit.
WeWork has decided to open its tenth and eleventh locations in Chicago, bringing it to a total of 930K SF.
WeWork signed on for a full floor at Republic Properties 660 North Capitol St. NW, its first space in the NoMa neighborhood.
WeWork is on the verge of an IPO, even though it has some baggage.
The coworking operator now runs more than 800K SF of shared office space in Atlanta.
WeWork snaps up another service company, Managed by Q, in its effort to diversify.
Boston real estate experts question the durability of coworking as WeWork rises to be one of the city's largest office tenants.
Though SoftBank has poured billions into The We Company and grabbed headlines for doing so, the coworking giant's IPO will pay off a list of more investors.
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