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India Coworking Provider Smartworks Files For IPO

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Despite suffering a substantial year-over-year loss in the millions, Smartworks , a prominent shared workspace provider in India, has filed to take its business public. The company announced it had cut its net loss by 51% to INR 49.8 million) for the financial year 2023-24 (FY24). This figure was down from INR 101.02

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Amazon’s Gig Economy Model Challenged in Major NLRB Ruling

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Should Amazon fail to reach a settlement, the NLRB plans to file a formal complaint and arrange a hearing before an administrative law judge. Currently, the implications of this decision are limited to the Palmdale drivers, but this could set a precedent for companies that rely on gig workers and contractors in other markets across the U.S.

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