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MARCH 29, 2024

An internal Amazon memo has unveiled a comprehensive plan to save $1.3 billion by drastically reducing the company’s office vacancies over the next three to five years. Business Insider, which first reported the memo , cites an unnamed source revealing that the e-commerce giant currently grapples with a 33.8% office vacancy rate — a result of slower growth and recent layoffs.

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MARCH 29, 2024

The average length of a typical workday is decreasing, but it’s not due to workers becoming lazy. New data suggest productivity gains in the workforce are slimming the average workday down. According to the 2024 State of the Workplace report published by ActivTrak , which analyzed data from over 135,000 employees, there has been a 15% reduction in the average workday length due to efficiency gains — with more employees completing tasks in less time.

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MARCH 28, 2024

Arguing in the workplace can be positive, serving as a mechanism to resolve problems and prevent them from escalating, while fostering innovation and problem-solving. Healthy arguments, characterized by respect and open-mindedness, lead to positive conflict that encourages skill and perspective expansion, boosting team capabilities and promoting a culture of inclusion.

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MARCH 28, 2024

The landscape of the American workforce is evolving, not just in terms of technology and remote work, but also regarding the literal location of where workers are moving. Increasingly, state legislation around reproductive rights, including in vitro fertilization (IVF), is affecting job choices. Data from a survey published by ResumeBuilder.com involving 1,250 employed U.S. adults suggests reproductive healthcare policies are a factor for many when considering job opportunities in different s

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MARCH 28, 2024

Like many countries around the world, the United Kingdom faces looming challenges due to the advent of artificial intelligence (AI). According to a new study published by the Institute for Public Policy Research (IPPR) up to 8 million jobs could be at risk, with women and those in the early stages of their careers being particularly vulnerable. However, the report identifies a potential positive outcome amidst these concerns: effective governmental measures could not only mitigate these emp

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MARCH 28, 2024

Houston, Texas, February 1, 2024 – Workspace Strategies , an esteemed consulting firm headquartered in Lexington, Kentucky, is excited to announce its most recent milestone in the shared workspace industry. The company will manage The Village Executive Suites in Houston, Texas strengthening its standing as one of the nation’s most reliable leaders in innovative workplace solutions.

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MARCH 11, 2024

Gartner forecasts a significant decline of over 30% in companies’ EBITDA margins by 2027 due to economic challenges like weak demand, high costs, and slow GDP growth, which will require CFOs to adopt new financial strategies. Rising labor and technology costs, along with other inflation-related expenses, are expected to outpace economic growth, prompting a need for companies to reevaluate their spending and growth strategies to maintain profitability.

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FEBRUARY 26, 2024

Remote work challenges stem from a traditional equating of visibility with productivity, leading to transparency gaps and trust issues when remote work obscures direct observation of employee activities. Remote work necessitates a balance of synchronous and asynchronous engagement, as the lack of a physical office removes inherent work rhythms. Granting autonomy to employees, trusting them to manage their time and workload, and providing them with the freedom to explore creative solutions can le

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FEBRUARY 21, 2024

Technology is paramount and shouldn’t be limited to Wi-Fi and video conferencing. Leverage mobile apps for remote access and enhanced security. Design spaces with flexibility and character in mind. Spaces benefit not only from a variety of desk and office options, but also from reflecting the members who work there. Provide facilities and events that foster a sense of community among members.

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FEBRUARY 21, 2024

Why do some centers use aggregators, such as wholesalers and brokers, while others don’t? Leveraging aggregators offers significant advantages – but centers need to be ready for an influx of new clients. Mike Sullivan shares insights about the pros and cons of using aggregators to sell virtual offices or flexible workspace. Should coworking and business centers use aggregators, such as wholesalers and brokers, to sell virtual offices or flexible workspace?

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FEBRUARY 21, 2024

The desire for flexibility and furry companionship is on the rise, with a whopping 90% of employees in pet-friendly workplaces expressing a deep attachment to their company’s mission. As a coworking space owner, weighing the pros and cons of allowing your space to be pet-friendly is crucial in deciding the right path for your community. In the realm of coworking, embracing pet-friendly spaces isn’t just a passing trend — it’s a pawsitive adventure that transforms the way we w

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FEBRUARY 7, 2024

As everyone is striving to cut costs, deciding where you work can make a huge impact on the budget. Coworking spaces are traditionally more affordable than maintaining a full office, but where’s the least expensive area for coworking? A recent study published by Coworking Cafe reveals the dramatic differences between cities. Boise, Idaho, is the most budget-friendly coworking city.

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FEBRUARY 7, 2024

An Australian bill granting employees “the right to disconnect” is set to pass through parliament this week, setting a powerful example for other countries considering updating labor laws. Under this piece of legislation, workers will have the legal right to ignore unreasonable work calls and messages outside of designated work hours — with employers potentially facing hefty fines if they don’t abide by these new rules, according to a report published by Reuters.

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FEBRUARY 2, 2024

SoftBank is bailing out WeWork again, this time rescuing the struggling WeWork Japan affiliate. It was announced on Friday that SoftBank, a major WeWork shareholder, will fully acquire the Japanese branch in a bid to turn the business around. The news arrives just four months after WeWork’s U.S. arm filed for chapter 11 bankruptcy in New Jersey — which has put the global brand’s future in question.

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JANUARY 19, 2024

Another London location has been slashed as part of WeWork’s ongoing efforts to reduce costs and recover from its Chapter 11 bankruptcy filing in the U.S. According to the Evening Standard , the commercial site known as “The Cursitor” in Holborn, London, is currently in exit negotiations; customers have been informed of its impending closure. The decision reportedly follows the closure of three other WeWork sites in Shoreditch, London.

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JANUARY 19, 2024

New York City Mayor Eric Adams and District Council 37 (DC 37) Executive Director Henry Garrido have officially launched the city’s four-day pilot program to offer greater work flexibility to city employees. The pilot program introduces the concept of a “compressed workweek,” allowing New York City agencies to schedule eligible employees for four-day workweeks, or a combination of four- and five-day weeks.

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JANUARY 19, 2024

Interest in coworking spaces is steadily on the rise in the U.S., and this is reflected in the number of spaces sprouting up in key markets across the country. An in-depth report published by Coworking Cafe reveals just how much demand has grown. According to the report, as of the end of 2023, the national coworking inventory reached 6,251 spaces — marking a 1.28% increase from the previous quarter.

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JANUARY 19, 2024

With labor markets tightening , and online job board data recording the total number of job postings in 2023 had decreased by 15%, the prospect of landing a highly sought after remote opportunity this year might seem dim. However, some job search categories have seen an increase in remote work opportunities last year. A recent report published by Flex Jobs highlights seven career categories that have experienced growth in remote work opportunities.

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JANUARY 14, 2024

Employees and employers are weighing the costs of commuting against the benefits of in-person work, with many finding that the expenses and time associated with commuting need to be balanced by other compensations. Companies are enhancing the office experience by offering food programs, such as gourmet coffee carts and subsidized meals, which save employees time and money, while fostering workplace community and collaboration.

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JANUARY 9, 2024

It has become clear that many employees are not going back to the office five days a week, but workers and business leaders alike are still unsure as to what work model is healthiest. In a recent article , renowned sports physician Jordan Metzl says that remote work can be severely detrimental to the overall (mental and physical) health of employees.

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JANUARY 5, 2024

A recent survey of 800 full-time workers in the U.S. published by Nectar examines the future of work through the lens of employee promotions. The data reveals that a significant majority, or 79.5%, of employees understand what is required for a promotion. However, there are notable disparities based on gender, age, and income. For instance, a higher percentage of men (83.11%) than women (76.25%) understand how promotions work in their organizations.

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JANUARY 5, 2024

The recent lawsuit filed by The New York Times against OpenAI and Microsoft could mark a notable turning point in the AI industry, with the suit potentially having a far-reaching impact on how AI is used in the workforce. According to a report published by Fast Company , this legal challenge is centered on the alleged unauthorized use of the newspaper’s content to train AI language models like ChatGPT and Bing Chat (now known as Microsoft Copilot).

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JANUARY 5, 2024

Last year was marked with major shifts in the U.S. job market, with companies planning 721,677 job cuts, a 98% increase from 2022, according to a study published by Challenger, Gray & Christmas, Inc. In 2023, many companies, especially those operating within the tech sector, were entering a cost-cutting phase. According to a report published by Yahoo Finance , this surge, which was the highest since 2020, was led by high-profile tech layoffs from giants like Meta and Amazon.

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DECEMBER 18, 2023

As we near 2024, trends that have impacted the workforce this year continue to develop — shaped by the lingering effects of the COVID-19 pandemic and changes to employee’s overall expectations and demands from their employers. A recent article published by Gallup highlighted six unique trends that leaders should look out for in 2024 to adapt effectively.

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DECEMBER 18, 2023

South Korea’s recent launch of K-culture training and digital nomad visas marks another major addition to the list of countries welcoming the growing class of traveling workers. The country’s approach not only aims to boost its tourism sector, but also to feed into the growing trends of remote work. According to an article published by Curly Tales , the K-culture training visa is unique in that it caters to enthusiasts of Korean content and the country’s entertainment industry — ref

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DECEMBER 18, 2023

Part-time work is more commonly being recognized in the U.K. for its role in balancing mental and physical health needs in the workforce. However, there is still a prevailing view that it slows or even limits an individual’s career progression; this is likely to negatively impact women. According to a recent study published by Time Wise , which included surveys and focus groups of 4,001 full-time and part-time workers, nearly half of the respondents believe part-time work limits career progres

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DECEMBER 18, 2023

The future of work will be intertwined with artificial intelligence (AI), and the availability of credible AI training is becoming important for workforce upskilling. As highlighted in an article published by ZD Net , IBM’s offering of a free AI Fundamentals credential is symbolic of this trend. The company’s development is part of a larger movement where major tech entities and educational platforms are making AI education more accessible and comprehensive for the masses.

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DECEMBER 18, 2023

Guest Episode Video Transcript Erin McDannald CEO at Elevated Erin McDannald boasts an impressive career spanning more than two decades in lighting design and construction. Currently serving as the CEO of Lighting Environments Elevated, she has been instrumental in pioneering IoT integration and workplace management, driving digital transformation in the commercial real estate sector.

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DECEMBER 18, 2023

The U.S. National Labor Relations Board (NLRB) is taking action against Starbucks Corp, aiming to mandate the reopening of 23 stores that were allegedly closed as a strategy to deter union organization efforts, according to Reuters. This move underscores the growing influence of unions and the concern they are generating among large corporations. Of these locations, eight had already formed unions.

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DECEMBER 5, 2023

The insistence of employers on a full return to the office, without considering individual circumstances, could lead to a surge in legal issues — particularly discrimination claims. Companies need to make wise decisions and avoid biases in considering individual employee circumstances, including disability, age, and parental responsibilities, to navigate this new legal landscape successfully.

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NOVEMBER 30, 2023

Climate quitters is a term that refers to individuals who leave their jobs due to a perceived lack of action or commitment from their employers on climate change issues. They represent a seismic shift in the labor market — touching on everything from recruitment strategies to brand management. Companies now find themselves in an unprecedented competition for not only customers but also employees who are looking to invest their talents where they can also invest their beliefs.

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NOVEMBER 30, 2023

The term security culture refers to the attitudes of everyone in your organization to data security. This encompasses factors such as how much people care about security, as well as how they actually behave in practical terms. Given the average cost to business of a data breach reached $4.45 million in 2023 and is likely to rise in the future, this is not something you can afford to ignore.

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NOVEMBER 26, 2023

Elon Musk’s biotech startup Neuralink began recruitment earlier this year for its first human clinical trial after receiving approval from an independent review board. This technology could revolutionize how people interact with digital devices and systems in the future of work. If successful, it could pave the way for a new era where physical interaction with computers becomes less necessary, and thought-based commands become the norm.

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NOVEMBER 21, 2023

Amazon launched an ambitious program called “AI Ready,” aimed at training at least two million people in artificial intelligence (AI) skills by 2025. According to the Wall Street Journal , the program is part of Amazon’s strategy to compete in the intense talent race against other tech giants like Microsoft and Google — both of which have invested in their own generative AI tools.

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NOVEMBER 21, 2023

In a landmark legal decision, the Fair Work Commission in Australia recently ruled against an employee’s request to work from home (WFH) 100% of the time. This case represents a pivotal moment in the ongoing debate over workplace flexibility in Australia and the evolving nature of work in the post-pandemic era. According to a recent article published by The Daily Mail , the employee Charles Gregory, who worked for the salary packaging firm Maxxia, sought to work entirely from home for he

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NOVEMBER 21, 2023

More than a quarter, or 26%, of U.S. government employees have not taken a vacation in the past year. The figure stems from a recent study published by Eagle Hill Consulting , which reveals concerning trends in the government sector. The rates were revealed to be even higher for Gen Z workers and those with lower incomes, with 46% and 39% reporting no vacation time, respectively.

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NOVEMBER 21, 2023

The flexible office space industry is demonstrating resilience and growth in the face of changing work patterns and bankruptcy drama faced by WeWork. For example, Workspace, a leading provider of flexible office spaces in London, reported a notable increase in profits — with a trading profit up 6.1% from last year, according to an article published by CITY A.M.

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