WeWork is set to become a smaller—and potentially rightsized—company. Following a final hearing on its bankruptcy plan Thursday morning, the coworking pioneer will have fewer locations, a new influx of capital, and $4 billion in debt wiped from its books. In a packed courtroom in Newark, New Jersey, Judge John …
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The white colonial revival church with its high steeple adds an idyllic architectural touch to the affluent town of Huntington, a Long Island suburb of New York City. But a sign grabs the eye from the road: “Coworking space,” it says. “Kind of like a WeWork. Was a church, but …
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More US workers will soon be free to leave their employers to work for rivals, thanks to a new federal rule that will block the long-standing practice of locking in workers with noncompete agreements. The US Federal Trade Commission on Tuesday issued a final rule that bans most noncompetes nationwide. …
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Forget artificial intelligence breaking free of human control and taking over the world. A far more pressing concern is how today’s generative AI tools will transform the labor market. Some experts envisage a world of increased productivity and job satisfaction; others, a landscape of mass unemployment and social upheaval. Someone …
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Jay fell in love with math at boarding school after a supportive physics teacher introduced him to the joy of complex calculus. He went on to study physics and math in college, hoping to one day similarly pass on what he’d learned to a new generation. That chance came in …
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