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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.
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WeWork fires about 300 workers, says they were underperformers and it will keep hiring.
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The coworking giant will take the remaining office space at Carr Properties' $650M Midtown Center project, where Fannie Mae opened its new headquarters.
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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.
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WeWork has decided to open its tenth and eleventh locations in Chicago, bringing it to a total of 930K SF.
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WeWork signed on for a full floor at Republic Properties 660 North Capitol St. NW, its first space in the NoMa neighborhood.
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WeWork is on the verge of an IPO, even though it has some baggage.
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The coworking operator now runs more than 800K SF of shared office space in Atlanta.
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WeWork snaps up another service company, Managed by Q, in its effort to diversify.
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Boston real estate experts question the durability of coworking as WeWork rises to be one of the city's largest office tenants.
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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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