WeWork leases office space, remodels it to include high-end drink bars, communal areas and even lavish rooftop pools meant to facilitate cooperation among employees and “make a life not a living.”
The concept exploded across the world.
As it prepared for an initial public offering it become clear that the company’s costs far exceeded revenue and it’s in the process of shutting down work space and laying off employees.
WeWorkers are calling on management to treat their doomed colleagues with the same core values that brought them onboard: to be supportive, now through severance packages including continuation of health insurance and compensation for lost equity.
Geek out on the letter WeWorkers sent to management here.
WeWork said it has laid off 2,400 of its approximately 12,500 employees.
tech increasingly uses a collective voice to make itself heard
Tech workers have historically been reluctant to unionize. In tech, employees tend to be paid well, to receive good benefits, and have plenty of flexibility, so there’s little incentive to unionize.
Yet, a collective voice has been used by workers to assert ethics-based decisions in several big name companies, including Microsoft and Google. These efforts have a union feel to them, and—despite longtime trend of decreasing worker-place organizations–there seems to be a change in the air.
Is it time for tech workers to unionize? Let’s take a look.