A recent Pew Research study found that 59% of workers who can work remotely want to stay remote, meaning coworking spaces won’t be much of an attraction for them.
Coworking spaces are also at risk for security issues. In 2019, WeWork was found to have weak WiFi security, which exposed sensitive data on its network.
Even so, some analysts predict there will be ~42k coworking spaces globally in 2024, up 116% from 2020. If that’s the case, “WeCrashed” won’t be the end of WeWork’s story.