WeWork, a global flexible space provider, has today announced it will be officially restoring its company name from ‘The We Company’ to ‘WeWork,’ effective immediately.
This move reflects the significant progress WeWork has made on strengthening its foundation while executing against its strategic goals under new executive leadership. The company’s accomplishments include divesting non-core ventures, rightsizing its global portfolio, and improving its balance sheet, all while delivering on our space-as-a-service offering with unparalleled flexibility, and health and safety first. This has not only given WeWork the ability to adapt and innovate in the face of a global pandemic, but it has also kept the company on its path to profitability.
In August, WeWork launched (and subsequently expanded) a pilot of its new ‘On-Demand’ offering, a pay-as-you-go product that gives new customers convenient access to workspace where and when they need it. At the same time, the company also rolled out ‘All Access’, a subscription-based model that provides members with the ability to work from any WeWork location. These products demonstrate the value proposition at WeWork’s core, as well as the company’s commitment to redefining the future of work.
In addition to building on WeWork’s flexible space solutions, the company is also taking steps towards enhancing its offerings with payroll and healthcare benefits, as demonstrated by the launch of ‘Business Solutions’. WeWork will remain laser-focused on evolving from a flexible space provider into a true end-to-end business solutions platform that provides companies and entrepreneurs a place to thrive.
WeWork is a global leader in flexible space, providing businesses of all sizes with the space, community, and services they need to run and grow their business. With 843 locations, in 150 cities and 38 countries around the world, WeWork delivers flexible space solutions to its 612,000 members worldwide.
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