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

Allwork

Despite nearly two-thirds of the space WeWork has vacated remaining empty, the company could exit about 100 more leases and is negotiating with approximately 400 landlords on new terms, according to CoStar.

Legal 260
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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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Should Flexible Working Be A Right, And Not Just A Privilege?

Allwork

On the issue of rights versus privileges, rights are typically associated with fundamental human needs and societal standards, and are often legally protected. Workers might organize to negotiate terms that reflect their priorities for flexibility and autonomy, as seen in the concept of bargaining units. In fact, the U.K.

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U.S. Bans Non-Compete Agreements, Sparks Lawsuit Over Landmark Change To Employee Rights

Allwork

Chamber of Commerce initiated a lawsuit against the FTC, claiming that the agency exceeded its legal authority, according to a report published by The New York Times. It’s reported the FTC ruling is set to become law 120 after it is published in the Federal register, which could be as soon as this week.

Legal 147
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Is Activision’s Battle with Regus a Sign of More Coworking Conflicts to Come?

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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

Despite the backdrop of financial adversities , including bankruptcy restructuring and contentious legal disputes over unpaid rent involving 27 landlords , WeWork’s assertive renegotiation tactics are reported by the company to have produced substantial rent savings.

Learning 261
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German Employers Start Arbitration, Halting Strike

Allwork

What’s going on: In response to a stalemate in negotiations with unions over pay, German public sector employers have initiated arbitration proceedings, temporarily halting strikes that had disrupted the transport sector. After intense negotiations, with unions seeking a 10.5% pay raise for 2.5