In the aftermath of WeWork’s struggles to float, the company have notified their UK staff of upcoming redundancies, as it tries to manage its losses. WeWork staff throughout both the capital and the rest of the UK have now been formally warned about these job cuts. One source has commented that there have been no […]
The virtual office space company, Kitt which uses virtual reality in order to help landlords both visualise and create space has raised over £2 million in seed funding its latest round. The firm which collaborates with landlords in order to provide full-fit outs that are then based on the requirements of the client uses virtual
The office provider, Spaces, has just recently opened its largest co-working office space so far. The firm now spans over several floors in London Victoria, occupying over 80,000 square feet in total. The growing popularity of flexible workspaces In the last twelve months, co-working spaces are taking up more commercial space across Europe. For example,
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It has just been announced that the office behemoth WeWork is now facing further bad news, after Fitch Ratings, the influential ratings agency downgraded the company’s debt. What did the ratings agency do? Fitch has changed the co-working space provider, as well as its parent company WeCo current rating from a B rating to now
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It is expected that the ride-hailing giant Uber, will soon be moving to a considerably larger headquarters in London, once a deal has been agreed upon with regulators as to the next steps forward for the firm. What is Uber looking for in its new headquarters space? It is understood that the company is looking
In the last five years, the shared office space provider WeWork had seen breakneck expansion, with properties on New York’s Fifth Avenue to the dominating building One Poultry in London. However, whilst it has been sweeping the group space at a staggering rate since first opening its first location in Manhattan, it looks like this
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The streaming behemoth, Netflix, is expanding its business at a dramatic rate, and it is has just recently announced that will be increasing its office space in London, alongside the space it has already acquired in the capital. Where will the new Netflix offices in London be? Whilst Netflix already has offices in Fitzrovia, spanning
The global management consultancy organisation McKinsey & Company have recently moved locations, launching their new office to the Post Building, London. This recent move has been spurred on by the company’s venture to offer its clients further “profession-leading capabilities in digital transformation, advanced analytics, capability building and design.” The Post Building is along Museum Street
With the number of work spaces for freelancers and other office-less workers growing globally, increasing by 36% in 2017, many organisations have started to get involved in this growing trend. Interestingly enough, this has come to include religious organisations, with many different faiths offering up spare and free rooms in their places of worship. The
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