this post was submitted on 19 Aug 2023
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WeWork announces 1-for-40 reverse stock split to retain New York listing (www.ft.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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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

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[–] TehWorld@lemmy.world 31 points 1 year ago (8 children)

I’m pretty much the target for this, I travel a lot for work and it’d be nice to have a place to “office” out of, but the competition here is:

  1. Free - Even after checking out of my hotel, the lobby always has a corner or two to work in and decent wi-if. 1a) I have status at one chain and they’re always great about just letting me walk in to any of the chain and suck up some internet and plug in my laptop, even if I wasn’t staying there. Bonus is that they usually have coffee!

  2. Free - my car. With tethering my phone to my laptop, I’ve done more calls than I care to admit by just finding a random shady place to park the car and get to work. 2a) The park (when it’s nice enough outside)

  3. Free- Libraries - The public library system is great. Not a good place to take calls, but if you need a place with a chair and internet to do some work, it’s an option.

  4. Free - Client’s offices. I have a good enough relationship with a number of clients that I can ask to take over an empty desk (one even has an empty office with a KILLER view of the city that they’re just fine with me taking over for a couple hours.

  5. Cheap - Coffee shops. Buy a drink (bonus) and grab a seat for a bit. They’re super abundant and you can almost always find one close to your next meeting.

I’m certain that WeWork has its benefits, but competing with free is pretty hard.

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