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WeWork Files For Bankruptcy, Shaking Coworking Industry

Allwork

previously a coworking industry titan, has filed for bankruptcy following a long string of financial struggles. In a breaking development that will send shockwaves through the coworking industry, WeWork Inc. WeWork, a pioneer in shared coworking spaces since 2010, has significantly influenced the coworking industry’s landscape.

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Women in Wine: 4 Sommeliers Shaping the Future of Mexico’s Wine Industry

Success

She is one of a growing number of female winemakers in leadership positions in Mexico, particularly in an industry with an overwhelming number of unequal gender representation worldwide. Read on to learn more about a few women trailblazers in Mexico’s wine industry.

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Coworking Doesn't Need a New Name, But the Office Space Industry Does

Small Business Labs

Key quote: The industry has come a long way since it first took off in the early 2000s.   We agree that the term "coworking" is too limiting for what's going in the commercial office space industry.   This is part of a much broader trend - the servitization of products - that's impacting most industries.

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Growing Direct Selling Industry Employs Over 20 Million Americans

Small Business Labs

million in 2010.  This makes direct selling a relatively bright sector of the retail industry.   A couple of other interesting data points on the direct selling industry are women make up 77% of sellers and wellness products are driving the growth of the industry (see chart below; click to enlarge).

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Here’s Why Your 2024 Corporate Workplace Strategy Needs Coworking

Allwork

Coworking started as a grassroots movement and has evolved into a legitimate industry, especially after the 2008 recession disrupted traditional office leases. Indeed, what started out as a scrappy, not-for-profit social movement has evolved into an industry in its own right. In the window from 2008-2010, buildings across the U.S.

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The Death of Full-Time In-Office Work And The Rise Of Tomorrow’s Corporate Titans

Allwork

Today’s scrappy startups embracing flexible work are positioned to dominate the future across industries. Even excluding the tech industry, 59% of firms with under 500 staff have embraced flexible or remote work. The most innovative thinkers recognize rigid office mandates cost money, hamper agility, and repel top talent.

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WeWork Squandered Past Rescue Offers

Allwork

Why it matters: If WeWork files for bankruptcy, it would lead to a dramatic shake-up in the co-working industry, with smaller competitors potentially gaining a large boost in both influence and market share. The company helped popularize shared coworking spaces in 2010 and remains as one of the largest coworking firms worldwide.

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