Flexible Work Will Survive Ominous News From WeWork and Zoom

Aug. 10, 2023, 2:45 PM UTC

WeWork Inc.’s future is in doubt. And Zoom Video Communications Inc., the pandemic poster child of remote work, just told its employees to get back to the office. The headlines suggest flexible work is on the ropes — but it’s actually thriving.

The owner of coworking giant Regus — think WeWork, but with better cash flow and no leadership drama — just posted its best six-month sales period ever, thanks to a growing list of customers that includes Zoom. LiquidSpace Inc., a digital marketplace where clients like T-Mobile and the federal government find and book on-demand office space, has seen transactions soar this year.

The share of companies offering location flexibility, ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.