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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. The company’s stock fell an astonishing 98 percent in 2023, requiring a reverse stock-split to retain NYSE listing as it had dipped well below $1.00 filed for Chapter 11 bankruptcy protection in the U.S. WeWork Inc.,

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Investors Show Growing Interest in Minority-Owned Businesses and AI Companies in 2023

Allwork

Census Bureau data reveals a major spike in entrepreneurs filing applications for new businesses in 2023. According to Gusto’s 2024 New Business Formation Report , women and minorities have been at the forefront of this entrepreneurial boom — despite facing challenges in accessing funding.

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EU To Face £370M Bill If WeWork Exits London Office

Allwork

However, after Brexit, the EMA decided to relocate 900 staff members to Amsterdam and sublet the office space to WeWork in 2019. The future of the building is now in question after WeWork filed for Chapter 11 bankruptcy in New Jersey on Nov. While the bankruptcy filing does not directly impact WeWork’s U.K.

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8 Tools To Help Build An Efficient Asynchronous Workflow

Allwork

At the Zoomtopia 2023 event , the company unveiled its vision for the future of work, which places an emphasis on hybrid collaboration and new AI-driven enhancements for its software. In fact, the app’s usage even surpassed that of Zoom during February to June of 2023, as reported by Business of Apps. increase year-over-year.

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WeWork’s Bankruptcy Shakes U.S. Markets, But Canadian Impact Seen as Limited

Allwork

WeWork’s financial troubles, culminating in a Chapter 11 bankruptcy filing in the U.S. However, experts believe the impact on Canada’s markets won’t be as bad. In response to the bankruptcy filing, WeWork stated plans to abandon 69 leases — which includes leases in Canada. earlier this week, has U.S.

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True Gender Equality Is Still 151 Years Away—Despite Recent Milestones

Success

18, 2019, NASA astronauts Jessica Meir and Christina Koch completed the 221st spacewalk in support of the International Space Station’s maintenance and assembly, and marked the first all-female spacewalk in history. Nearly 60 years later, on Oct.

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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. It went into effect for plan years beginning in 2023, and it’s only available for employees who aren’t currently enrolled in your 401(k) plan. From the implementation of SECURE 2.0

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