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SoftBank punt on WeWork office space hub is risky business

Workspace company makes substantial losses and providing short-term office space is notoriously cyclical WeWork, according to the founders blurb, is a place you join as an individual, me, but where you become part of a greater we. A place where were redefining success measured by personal fulfilment, not just the bottom line. Very uplifting, but youd probably think twice before investing. Funky murals and cheese-tasting events for tenants are eye-catching but, in the end, WeWork is a provider of office space on short-term leases, which is a notoriously cyclical game.…

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Anger as Tate asks staff to contribute towards boat for Nicholas Serota

Notices about leaving gift appear in staff rooms amid disputes over low pay and outsourcing, and end of canteen discount The Tate has come under fire after it asked members of staff, many of whom are not paid the London living wage, to contribute towards a boat for the departing director, Nicholas Serota, just one week after their canteen discount was taken away. A notice which went up in the staff rooms of both Tate Modern and Tate Britain on Wednesday asked employees including security, cleaners, and those maintain the…

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