If companies want to still provide some office space for their employees, WeWork may actually benefit from the trend.
This.
Yes, I will probably never see the offices of my current employer.
But I have a weWork-type credit with a company in my town.
( that I will probably not gonna use either. It might be the new gym membership)
Yeah, idk what's going to actually happen, but WeWork makes a lot more sense now. Most employers seem to agree that offices are good but also want to hire in a wider variety of locations.
I know of a few companies who have let leases expire and moved to WeWork. The plan is 1-2 years at WeWork so they can figure out how many people actually come to the office regularly before committing to new permanent offices.
With WFH, WeWork could do hot vacation spots and do well
This sort of model would be perfect for remote orgs. Offices near employees, destinations for corporate retreats. One vendor to cut a check to. Could also offer top notch vacation spots as a perk to employees.