Women-Focused Co-Working Startup the Wing Axes Hundreds of Staff

The Wing, a co-working startup targeting female members, cut about half of its full-time staff and the bulk of its hourly employees, while furloughing other workers, according to people with knowledge of the matter.

The company formally notified staff of the hundreds of job cuts on Friday, said one of the people, who asked not to be identified because the matter is private. The general managers of the Wing’s 11 locations in the U.S. and London have been furloughed until the sites reopen, if they do, the people said, and full-time staff are getting two months of severance and health-care benefits. A representative for the Wing declined to comment.