Re:WeWork is planning to lay off up to 25% of its employees
by martinald on Thursday October 03, 2019 @08:01PM
(#21153564)
IWG has ~3500 locations though, so on average say 3 people per location. WeWork has closer to 25, so basically 10x people per location managed.
IWG has a lot of franchised sites, but so does WeWork, as far as I know China + India are franchise operations or something similar.
IWG plc which is their major competitor has 9,000 people so I'm not sure it's that crazy. Might explain why they want to trim 25% also!
https://en.wikipedia.org/wiki/IWG_plc