WeWork Space Closes Without Warning

WeWork Closing

A WeWork space in the Upper West Side of New York City closed unexpectedly, leaving 100 people without a workspace, according to a New York news website. According to the article, they were given no warning and had to find a new place to work in only a few days. WeWork acquired the coworking space…

Read More

WeWork Ends 2019 With Fewer Renters

WeWork Closing Locations

According to The Information and Vox, WeWork’s occupancy rate is down to 79 percent in the third quarter of 2019. That is down from 84 percent in 2018. The occupancy rate indicates how full WeWork locations are. If every desk at every location was filled, then they would be at 100% occupancy. The lower occupancy…

Read More

WeWork May Close 100+ Locations

WeWork Las Vegas News

WeWork locations near you may soon shut down for good. CNBC reported this week that WeWork may be closing as many as 100 locations worldwide as they try to recover from their recent near bankruptcy. According to CNBC, they are reevaluating as many as 100 leases around the world and deciding which locations they will…

Read More