article thumbnail

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

Allwork

Since 2016, WeWork has reportedly vacated 8.9 The ongoing WeWork struggles are reshaping the coworking sector by creating opportunities for many of its top competitors. The post SoftBank Faces Legal Heat as WeWork’s Creditors Seek Recovery Amid Bankruptcy Fears appeared first on Allwork.Space. million as of January 2024.

Legal 257
article thumbnail

How I Lost $3 Million in 24 Hours and Bounced Back

Success

Technically, the legal term for what happened is called a “breach of contract.” Over the next five years, I found myself in a contentious legal battle to investigate the missing tickets. This article was published in March 2016 and has been updated. The journey back was hard and riddled with uncertainty. And so can you.

2001 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When Nature Calls, Boston Harbor Now CEO Kathy Abbott Answers

Success

Created in 2016, Boston Harbor Now is a merger of two nonprofit organizations—Boston Harbor Island Alliance and Boston Harbor Association. A line under her yearbook photo underscored her life goal: to “save a tree.” Kathy Abbott’s road to CEO wasn’t easy Now at age 66, Abbott is the first president and CEO of Boston Harbor Now.

2003 312
article thumbnail

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.  Revenue has grown from $436 million in 2016 to $1.82 Their operating losses have also increased quite impressively, from $396 million in 2016 to $1.69 It's the first of the new wave of coworking spaces to do so.

Filing 123
article thumbnail

AI may boost productivity, but we are already becoming reliant on it, and that’s a problem

Workplace Insight

Generative AI, a powerful new technology, even shows promise in assisting with legal tasks like contract drafting. The US saw a jump from just one AI-related regulation in 2016 to 25 in 2023. Interestingly, the report suggests the technology might help bridge the skill gap between low-skilled and high-skilled workers.

2023 59
article thumbnail

The Expanding High Skill Gig Economy

Small Business Labs

Key quote: "Three-quarters of law firms with more than 250 lawyers use contract attorneys, says a 2016 report from legal consultancy Altman Weil." Lawyers look at the current market, where law school graduates outnumber legal jobs, and see "a bidding war where they don't have too much leverage."

Skills 160
article thumbnail

Employee Perk or Productivity Secret? Corporate Wellness Programs Deliver on Both

Success

In fact, in 2016 the Harvard Business Review compiled data from leading experts on the topic. The report also shows that mental health disorders cost $1 trillion in lost productivity every year, pointing to the necessity of mental health and wellness programs in making a dent in these losses.

Health 245