Brookfield-backed Convene lays off fifth of its workforce

Convene, the shared office-space provider that is backed by the likes of Brookfield Asset Management and RXR Realty, has laid off a fifth of its workforce, or about 150 employees, in response to the slowdown in business brought about by the coronavirus pandemic. The pandemic “has had a huge impact on the hospitality and meetings and event industries, and Convene has not been immune to that,” Simonetti told Business Insider in a statement. “After closing

source https://therealdeal.com/2020/03/20/brookfield-backed-convene-lays-off-fifth-of-its-workforce/