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Rentberry Eyes WeWork Acquisition After Securing Significant New Investment

Allwork

In court filings, WeWork is stressing its business restructuring and the renegotiation of lease agreements to alleviate unsustainable rent expenses. Since filing for chapter 11 bankruptcy, WeWork has assumed 21 leases and rejected 93. Instead, the company says it remains focused on its long-term independence. million loss in January.

Filing 281
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WeWork’s Ex-CEO Neumann Slams Post-Bankruptcy Strategy, Calling Projections “Unsustainable”

Allwork

Additionally, a group of WeWork bondholders has agreed to offer $112 million in financing. Despite Neumann’s offer and concerns, WeWork appears to be moving forward with an updated restructuring strategy.

2024 223
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WeWork Pursues Additional Lease Rejections in Bankruptcy Strategy

Allwork

Staggering financial losses have led WeWork to file for Chapter 11 Bankruptcy on Nov. This strategy is seen as critical to WeWork’s future, but it has been met with mixed responses from prominent landlords — who raised concerns earlier in the bankruptcy proceedings related to the financing plans.

Filing 162
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Why Your Boss Isn’t Coming To The Office

Allwork

This trend is more common in white-collar industries such as finance and professional services, especially in larger companies. While some might thrive in a remote work environment, others might prefer the structure and social interaction that an office environment provides.

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Are You Ready to Hire a Virtual Assistant?

Success

There are so many moving parts: the finances, the sales, the marketing, the billing. From there, develop a priority list of what you’d like taken off of your plate—travel planning, follow-up phone calls, research, filing, inbox management—and take baby steps until those are comfortably transitioned over.

2021 286
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Is running your own VA business the new career progression for PAs?

Practically Perfect PA

There’s an increased need for digital skills, such as managing social media, websites and managing cloud-based applications, from file sharing to appointment scheduling. Many roles are being expanded to include tasks a traditional PA or EA would never had to get involved in, such as finances and industry specific processes and trends.

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What does it take to be a successful office manager?

Page Personnel

For example, answering phones, taking messages, purchasing office equipment, working with relevant software and filing paperwork. Office managers may also draft documents, help with payroll, keep an organised office environment and communicate via phone, email and fax (yes, some companies are still using fax machines).