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  • Writer's pictureBait Al-Amanah

FMT Interview: WeWork collapse raises questions of business viability

Updated: Dec 5, 2023

The fall of once high-flying start-up WeWork Inc has raised questions about the continued viability of the alternative workspaces business.

Since last year, many people have been instructed to return to work in the office and that has led to a drop in the use of alternative workspaces, also referred to as co-working spaces.

Research institution Bait Al-Amanah Research Assistant Yugendran Sivakumaran sees the WeWork collapse as a wake-up call for those who want to go into the business.

Given that it is still a developing market, it is best to grow with the demand while keeping up with the trends, he told FMT Business.

Read more here.

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