World's Biggest Companies Plan to Get Down With WeWork Effect
- Large companies see flexible space rocketing, survey shows
- Big city landlords focused on longer term will need to change
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The biggest employers on the planet see a future filled with free beer and new age motivational posters. Their offices will need to catch up.
After WeWork Cos reinvented the office experience for freelancers and start-ups, large businesses see their use of flexible space rocketing over the next three years, according to a survey of global companies with 3.5 million employees by broker Knight Frank LLP. More than half of them expect the non-traditional space to account for at least a fifth of the total compared with about 5 percent now.