An Investigation of COVID-19 Impact on WeWork's UK Co-working

This case study investigates the impact of the first COVID-19 lockdown (first trimester of 2020) on WeWork's co-working spaces in the UK market. It explores the financial impact on WeWork's profits, the changes in its expansion strategy, and the viability of its UK branch during the pandemic. The study reviews literature on the challenges faced by WeWork, including a significant drop in valuation and revenue, and increased costs due to lockdowns and reduced office occupancy. It highlights the shift in work culture towards remote work and the need for WeWork to adapt its strategies to ensure long-term survival and market recovery. The research uses secondary data to analyze the impact of COVID-19 on WeWork's financial performance and strategic decisions.