Re:WeWork Parent Weighs Slashing Its Valuation in Half
by ghaff on Thursday September 05, 2019 @02:14PM
(#20889364)
>they still have substantial swings in their business
Not really surprising. Some uses--like a conference room for a big customer meeting--are pretty much business necessities. But things like an office for remote employees who mostly just prefer to get out of the house but not work out of free space somewhere are the sort of discretionary expense that companies will chop pretty quickly if they're tightening their belts.
Not really surprising. Some uses--like a conference room for a big customer meeting--are pretty much business necessities. But things like an office for remote employees who mostly just prefer to get out of the house but not work out of free space somewhere are the sort of discretionary expense that companies will chop pretty quickly if they're tightening their belts.