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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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WeWork Preparing to File for Bankruptcy Amid Massive Debt and Losses

Allwork

WeWork is reportedly preparing to file for bankruptcy as soon as the coming week, according to an insider, due to the company’s significant debt and considerable losses. The flexible workspace provider is contemplating filing a Chapter 11 petition in New Jersey, as per the WSJ’s sources.

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WeWork Squandered Past Rescue Offers

Allwork

What’s going on: WeWork’s steep downward spiral has continued as the share price is now below 20 cents, and reports from the New York Times and Business Insider indicate that the company may have squandered previously offered rescue options, leaving bankruptcy as one of the only choices left.

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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. However, in 2022, a lawsuit filed by the NWSL against the U.S. Nearly 60 years later, on Oct. As of 2022, the U.S.

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The Vanishing Executive Assistant—NOT!

Office Dynamics

I have written 5 books for assistants, educated 300,000+ assistants, have worked with 70+ Fortune 500 companies, and coached 300+ executive/assistant teams. I am happy this article got published because it demonstrates the flaws in how people think about the administrative profession and how companies are overlooking these vital contributors.

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How to overcome the downsides of contract work

Page Personnel

The benefits aren’t as good It differs from company to company, but basic employee benefits can cover everything from childcare leave to medical costs. To a full-timer, this means that a routine dentist check-up is not going to break the bank, since the company has you covered. Most times, this doesn’t apply to contract jobs.

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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Important Changes to Know About The Consolidated Appropriations Act of 2023 was signed into law in December 2022, and it’s collectively referred to as SECURE 2.0 – an update to the SECURE Act from 2019. There were also lots of scam promotions promising companies ridiculous credits and returns.

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