WeWork is expanding an effort to retain mid-sized businesses which had been leaving the shared office space manager after they grew past the ...
NEW YORK: WeWork is expanding an effort to retain mid-sized businesses which had been leaving the shared office space manager after they grew past the small-company phase, and to catch up with rivals already catering to these clients.
The new service aims to help fill that gap between WeWork's signature coworking platform and its offering for large companies with more than 1,000 employees. Minimum leases for HQ by WeWork are two years and companies gain Wi-Fi, IT and audiovisual systems, along with access to WeWork's global network of shared space and conference rooms.
But WeWork expects the HQ segment to account for some 70,000 of a projected overall membership base of 800,000 by year's end, or double WeWork's 400,000 members in January. A member is any individual working in a WeWork location.
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