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

Allwork

Some of the tenants include companies like Sony Pictures, Palantir, Boeing, Moderna, Current, Roky — all of which have moved into some of the vacated WeWork locations. New tenants are reported to have taken over approximately 914K square feet of the space WeWork left behind in 2023, according to updated CoStar Data.

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How to Negotiate Severance: Tips and Strategies for the Modern Workforce

Success

In an increasingly unpredictable job market, knowing how to face layoffs and navigate severance negotiations is a necessary skill. According to a recent JustAnswer survey , “58% of people who received a severance package when laid off did not negotiate that package.” Sho Dewan, career coach, founder and CEO of Workhap, and Merry A.

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Citigroup Mandates Full-Time Office Return for 600 Employees Amid Regulatory Changes

Allwork

Meanwhile, HSBC is negotiating with nearly half of its New York workforce, around 530 employees, to retain some level of remote work flexibility despite the shifting regulatory landscape. As regulators like FINRA reinstate pre-pandemic rules, companies are compelled to balance employee preferences with legal and operational requirements.

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Should Flexible Working Be A Right, And Not Just A Privilege?

Allwork

The rise of digital nomadism and remote work visas reflects a broader trend towards valuing work-life balance and personal autonomy, potentially influencing where both individuals and companies choose to operate. If flexible work is positioned as a right, it implies that it should be accessible to all without undue discrimination.

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Future-proofing Workspaces: Top Tactics To Align CRE Choices With Business Needs

Allwork

Companies are now navigating a complex array of factors, including market fluctuations, shorter lease terms, hybrid work schedules, and the balancing act between immediate needs and long-term goals. Companies were usually stable in their space unless they were growing fast or were startups.

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Is Activision’s Battle with Regus a Sign of More Coworking Conflicts to Come?

Allwork

What’s going on: Game developer Activision-Blizzard is embroiled in a major legal dispute with the coworking firm Regus over alleged excessive office space fees, according to The Real Deal. How it’ll impact the future: The dispute could lead to companies being more cautious when negotiating terms with coworking space providers.

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WeWork’s Learning To Share, Reports $1.5 Billion In Rent Savings

Allwork

WeWork continues to press onward through its Chapter 11 bankruptcy proceedings, recently reporting that it has amended more than 60 leases, saving the company at least $1.5 markets — where the company says it has successfully downsized space and rent at Washington D.C.’s The post WeWork’s Learning To Share, Reports $1.5

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