WeWork to shut down a restaurant co-working startup Spacious
Co-sharing workspace company WeWork has planned to shut down a restaurant co-working startup named Spacious it had acquired just four months ago. WeWork had purchased the startup in August, which helps high-end restaurants function as co working spaces during slow times.
WeWork is closing its restaurant co-working startup Spacious, after acquiring the company only around four months ago. It’s the latest sign that the troubled company is cutting costs by offloading the plethora of business it rapidly acquired in the past few years. Spacious customers were sent an email that read: “As part of WeWork’s renewed focus on its core workspace business, Spacious will close its doors on December 31, 2019. We regret any disruption that this may cause to you or your business”. Meanwhile, earlier last month, WeWork’s Marcelo Claure shared a post of him enjoying a $100 pasta-tasting dinner one day after laying off 2,400 employees.