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SoftBank Faces Legal Heat as WeWork’s Creditors Seek Recovery Amid Bankruptcy Fears

Allwork

The committee accuses SoftBank and a coalition of creditors, who hold 62% of WeWork’s unsecured notes, of orchestrating a debt restructuring in May 2023. The ongoing WeWork struggles are reshaping the coworking sector by creating opportunities for many of its top competitors.

Legal 254
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WeWork Accused of Dodging Millions in Rent

Allwork

In a recent court filing , as first reported by BisNow , the withholding of rent payments is being cited as a negotiation tactic used by WeWork to put pressure on landlords during lease negotiations — potentially violating U.S. bankruptcy code, which doesn’t allow companies to ignore rent payments.

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Starbucks And A Labor Union Are In Disagreement

Allwork

What’s going on: Despite the backlash for its stance against unionizing, Starbucks disclosed that the labor union representing some of its establishments declined to attend physical bargaining sessions and instead asked for hybrid negotiations. Starbucks Workers United, a union which represents thousands of U.S.

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New York City Tests Four-Day Workweek Pilot for City Employees

Allwork

According to the city’s official announcement, the pilot program was organized in collaboration with the flexible work committee established in its DC 37 contract agreement. The approach was designed to ensure employees continue to work the same number of hours as in a traditional five-day workweek.

2025 296
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Governments Are Pioneering the Flexible Work Revolution

Allwork

As evidenced by recent negotiations involving federal governments and New York City’s largest municipal union, flexible work conditions have become the bedrock of the contemporary public sector workspace. As negotiations with PSAC, AFGE, and DC 37 revealed, workers value the ability to work remotely or follow a hybrid schedule.

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Republic of Korea to join Horizon Europe programme

Workplace Insight

Iliana Ivanova, Commissioner for Innovation, Research, Culture, Education and Youth, and Lee Jong Ho, Korean Minister for Science and Information and Communication Technology have concluded negotiations on Korea’s association, marking a significant milestone in our commitment to foster mutual collaboration in research and innovation.

2025 59
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Sector leaders implore EU to be ambitious when setting carbon targets for buildings

Workplace Insight

The WorldGBC has convened a coalition of 35 built environment stakeholder groups, representing over 5,000 organisations from across the building value chain, to call for high level ambition as Parliamentary negotiations on the Energy Performance of Building Directive (EPBD) enter their final stage.