• Tangent5280@lemmy.world
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      1 year ago

      Man, just terrible timing overall. If not for COVID, they could have pivoted into something a little more long lasting. But COVID just blindsided them, as it did many others.

      • Semi-Hemi-Demigod@kbin.social
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        1 year ago

        If they had some more time they could have pivoted to supporting hybrid work for companies that have a geographically distributed work force. As much as I love working from home, there are some times when it’s better to be in person, and WeWork could let people work hybrid without having to move across the country.

        • Tangent5280@lemmy.world
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          1 year ago

          Yeah, and dynamically rent out spaces for single meetings and stuff if you want to go overseas to meet a client or something. This is what I initially thought it was for back when I first heard about it.

          Imagine a team in some satellite office in India is having trouble with something, they ship out a specialist there to fix it, and they can rent out spaces from wework for meeting up and stuff.

    • mindbleach@lemmy.world
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      1 year ago

      Weren’t they fumbling a sure thing, even before that? I thought they were slightly on fire by mid-2019.

      • YoBuckStopsHere@lemmy.world
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        1 year ago

        There were other factors like investors treating it like a tech stock rather than real estate and wasteful spending, but companies moving to telework really killed it.

        • Bri Guy
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          1 year ago

          Yeah weren’t they doing all this weird things to try and become the next big tech company even though their whole business model is essentially leasing?

          Perfect example of a company that tried to go too big