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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.,

Filing 260
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Knowing what to keep and the location of each document is vital to easy retrieval and to maintaining compliance with government and industry regulations. Setting up employee personnel files is an important part of the recordkeeping process. Rather, understand that general personnel files serve a distinct purpose. Cover letter.

Filing 121
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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? They create a document retention policy that clarifies what needs to be saved, where, and for how long. Courts and government agencies frown upon individual employees selectively keeping or tossing important documents.

Policies 105
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WeWork Files to Go Public

Small Business Labs

WeWork released its S-1 this week, which is the legal document a company files prior to going public.  It's also a highly watched and controversial company, particularly due to its high private valuation and steep losses. Because of this interest, the S-1 filing is getting a lot of attention.

Filing 123
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Improve Workplace Productivity with Orange County Document Scanning

Small Business CEO

A lot of companies nowadays are in always in search of new ways to make their workplace more productive, efficient, and economical. Document management plays an important role in this. of losses in employee productivity are due to challenges in paper-based documentation that businesses encounter.

2012 59
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date. Why is that?

Filing 52
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WeWork Slashes London Office Space as Bankruptcy Exit Approaches

Allwork

According to a report published by BisNow , the company has shed 750,000 square feet of office space in the U.K. million square feet. 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 169