All posts tagged "co-working"

PropTech

Will WeWork follow in IWG’s footsteps?

Short-term office provider IWG is looking to close at least one-fifth of its 52 work centers in New...

PropTech

WeWork bids farewell to China after suffering massive losses

Co-working provider WeWork has sold a majority stake in its China business to existing shareholder Trustbridge...

PropTech

Regus sends six NYC locations into Chapter 11

Co-working firm Regus, which went through a bankruptcy restructuring in 2003 after the dot-com recession, has put...

PropTech

IWG takes aim at WeWork

IWG (AKA Regus) has made its first move to capitalize on the retrenchment of WeWork, taking over a...

PropTech

WeWork and Knotel fail to pay rent

WeWork stopped paying rent in April on some of its locations to try to cut costs...

PropTech

The Wing slashes staff

The Wing has cut about half of its 150 full-time staff members and nearly all of...

PropTech

WeWork’s future is bleak

SoftBank Group has officially pulled out of its deal to buy $3 billion worth of shares...

PropTech

The Wing crashes in value

Co-working startup The Wing was valued at roughly $365 million in the heady days of 2018, before WeWork’s...

PropTech

WeWork sells Managed by Q at loss

WeWork has sold Managed by Q to startup Eden for $25 million. Adam Neumann paid $220 for the facilities management company...

PropTech

Knotel looks like WeWork 2.0

WeWork-competitor Knotel laid off a third of its NYC-focused staff last week. This comes after CEO Amol...