Technology

58133 readers

5527 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

WeWork announces 1-for-40 reverse stock split to retain New York listing (www.ft.com)

submitted 1 year ago by [email protected] to c/[email protected]

27 comments fedilink hide all child comments

WeWork announces 1-for-40 reverse stock split to retain New York listing::US office space group recently warned it faced ‘substantial doubt’ about ability to continue as a going concern

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 1 year ago

People in suburbs often do have the room for a home office though. And if you prefer to go to an office, it’s probably to work with your coworkers. No chance they want to drive to your suburb.

The people in the city that live in a 1-2 BR apartment definitely don’t have room for home offices.

The real problem for wework is it’s an insanely easy model for LLs to copy and disintermediate them. If it were worthwhile business.

It’s much too expensive at any scale - and subscale, well, people outgrow it.