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WeWork Suspends $6.4M Interest Payment Amid Debt Struggles

Allwork

Despite these setbacks, WeWork managed to go public in 2021 but at a significantly diminished valuation. On October 31, WeWork disclosed its decision to suspend the interest payment due on November 1 on senior notes maturing in 2025, despite having sufficient funds to meet the payment. The company now enters a 30-day grace period.

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Tech Talent Shortage Threatens U.S. Innovation Despite Record R&D Spending

Allwork

The United States has solidified its position as a global leader in research and development (R&D), investing a record-breaking $806 billion in 2021, according to the National Science Board’s The State of U.S. million people in diverse occupations that require STEM knowledge and expertise in 2021.”

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Lease cycle means West End office market will ‘reset’ by 2025

Workplace Insight

A BNP Paribas Real Estate analysis claims that London’s West End office market is on course to ‘reset’ by 2025 following a major leasing event cycle commencing in 2023, which will see a flurry of renewals, expiries and break clauses executed by both landlord and tenant, which will alter the market as we know it by the milestone year.

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This Firms Claim They’ve Mastered The Four-day Work Week

Allwork

Not only is the shortened work-week beneficial for employee wellness and company productivity, but according to a report published in May 2021 by the 4 Day Week campaign alongside the environmental and social justice collective Platform London, it found that shifting to a four-day week by 2025 could slash the U.K.‘s

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The Alzheimer’s Association Is Committed to Quality Support and Life-Changing Research for People with Dementia

Success

Linda Brewster, 58, was diagnosed with mild cognitive impairment (MCI) in 2021. Alzheimer’s Association has also committed to developing a treatment by 2025 that will delay the onset of Alzheimer’s and reduce nearly half the number of people with the disease by 2050. Hearing the diagnosis was a gut punch. My mind raced.

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4 Priorities To Consider When Designing Workplaces For Gen Z

Allwork

According to the World Economic Forum, by 2025, one-third of the workforce will be Gen Z, with expectations focused on work-life balance, a sense of community and career progression. In the last decade alone, we have experienced a global pandemic, new acts of war and financial hardship. They now ask, “Am I right for the job?”

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Republic of Korea to join Horizon Europe programme

Workplace Insight

billion for the period 2021-27, complemented by the financial contributions from associated countries. This will enable Korea’s participation in Horizon Europe as of 2025. Once signed, researchers and organisations in Korea will be able to receive funding under Pillar II of the Horizon from 2025 onwards. billion.

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