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California’s “Right to Disconnect” Legislation Supported by 83% of Employees in Recent Survey

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have become aware of California lawmakers promoting the bill after last week’s vote to move the bill forward to a committee hearing. It’s reported that workers in hybrid roles and at small companies are feeling the most pressure to respond to work-related communications outside of work hours.

Policies 226
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WeWork’s Bankruptcy Battle Takes New Turn with Legal Action Against SoftBank

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The committee accuses SoftBank and a coalition of creditors, who hold 62% of WeWork’s unsecured notes, of orchestrating a debt restructuring in May 2023. WeWork, which declared bankruptcy in November 2023, has been focusing on renegotiating leases in key markets and emerging from bankruptcy.

Legal 217
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SoftBank Faces Legal Heat as WeWork’s Creditors Seek Recovery Amid Bankruptcy Fears

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Big markets for coworking spaces are becoming increasingly competitive for workspace providers — with WeWork’s recent financial challenges creating opportunities for rivals to expand their presence. According to a report published by CoStar , WeWork recently filed court documents revealing a substantial loss of $153.7

Legal 211
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Thailand Planning Digital Nomad Visa To Attract Tech Talent, Support AI Hub Ambitions

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It’s reported that the government will also establish a subcommittee under the National AI Committee — led by Prime Minister Srettha Thavisin — to oversee AI policy and infrastructure investments, including data centers, cloud centers, and high-performance computing.

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WeWork Slashes London Office Space as Bankruptcy Exit Approaches

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According to a report published by BisNow , the company has shed 750,000 square feet of office space in the U.K. According to a report published by GB News, a document that had circulated to the European budget committee said the U.K. branch of WeWork would soon stop paying rent on the building.

2023 172
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Millennials Are the Driving Force Behind Four-Day Work Weeks in America, Survey Finds

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Senate Committee on Health, Education, Labor, and Pensions. Sanders introduced legislation to establish a 32-hour workweek in the U.S. Proponents believe workers are still capable of completing the same amount of work in the reduced time, while receiving their full compensation package. In the U.S.,

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

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GB News reported that a document now circulated to the European Parliament’s budget committee said the U.K. While the bankruptcy filing does not directly impact WeWork’s U.K. subsidiary, which sublets the building, the U.K. organization is also struggling with big financial losses.

2023 242