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A comment on WeWork plans to file for bankruptcy as early as next week, source says. Parent comment

Re:WeWork plans to file for bankruptcy as early as next week... by skeeter2020 on Tuesday October 31, 2023 @09:30PM (#38093573)
Unless you're willing to pay a ridiculously high premium for this, the benefits WeWork's provided you still doesn't work as a business model.
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Re:WeWork plans to file for bankruptcy as early as next week... by aurareturn on Tuesday October 31, 2023 @10:24PM (#38093899)
That's right. A friend of mine sells premium offices and he's been saying WeWork's business plan made no sense at all for as long as I can remember.

Basically, in any premium office, you want to maximize the space for as many high value desks as possible. WeWork often spends a huge part of its space for perks and temp desks. In addition, WeWork attracts the startups/small business/solo crowd and those are far less stable customers than your money making enterprises.

He was sure that WeWork had no future. He was right.

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