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Pay Has Soared For The Lowest-Wage Workers

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As the labor market recovered, those affected by job losses were able to use the government-provided financial aid as a crutch, which put them in a stronger position to find new job opportunities, according to Axios.

2022 246
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WeWork Squandered Past Rescue Offers

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Softbank declined. Adam Neumann, who was ousted as WeWork’s CEO in 2019, also approached Mathrani before he left the company to discuss a potential investment of up to $1 billion and a debt buyback. However, these negotiations did not come to fruition, according to the New York Times.

2019 278
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Office Property Values in Major Cities Face a Potential $800 Billion Decrease by 2030

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The study suggests that by 2030, the demand for office space in these cities will be 13% lower than it was in pre-pandemic 2019. How it’ll impact the future: The decrease in office space demand has resulted in shorter lease negotiations, posing challenges for property owners in securing financing.

2019 246
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How to Anticipate Problems with If-Then Planning

Success

if-then planning can help you be fleeter and better prepared to negotiate your desired outcome. If-then planning can help an employee stick to their guns when negotiating with a supervisor. This article was published in November 2019 and has been updated. Now, what’s not in your control is the answer you receive.

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Adam Neumann’s Bold Claim: Flow is Prepared to Compete with WeWork

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The company will also have a unique value sharing mechanism that will likely be in the form of some type of “fractional ownership” for value creators, according to Fortune. Why it matters: Neumann was ousted from WeWork back in 2019 following a failed initial public offering (IPO) attempt.

2019 246
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Society 18 Founder Pamela Zapata on Supporting Influencers of Color and Knowing Your Worth

Success

In 2019, she launched Society 18 , an influencer management and digital marketing firm that focuses on multicultural and multiethnic content creators. They didn’t understand how to negotiate contracts. Because I know what I felt like when I was negotiating my salary—it’s very hard to negotiate for yourself.

Agencies 306
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WeWork’s Shaky Financials Spark Concern for NYC Real Estate Market

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In New York City, WeWork is one of the largest tenants, with over 70 leases spread across various landlords, according to Forbes. It’s reported that the coworking company has amended over 590 of its leases since 2019, in addition to partial terminations to reduce the company’s total lease space.

2019 246