The failure of WeWork

What: WeWork is a real estate company that provides shared workspaces and other services for companies and startups. They were seeing a tremendous growth until 2019 when the company completely collapsed.

So What: There are multiple theories for why WeWork failed, including poor decision making from the CEO and having a poorly designed business model based on old notions of how work and management is done. In the end they were an overvalued coworking space with lack of imagination. 


Deep Dive:


This article is part of Emerging Futures of Remote Work – An Institute for the Future Signals Report for The Remote Lab

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