Industrious is the latest flexible-office startup to make significant cuts to its workforce. The company laid off 90 employees, or 20 percent of its total staff, in addition to reducing hours and imposing furloughs on another 10 percent, Commercial Observer reported. Most of the cuts were in the company’s design, real estate development and finance departments. “If you go from signing seven, eight new locations a month to signing two or three, that severely impacts
source https://therealdeal.com/2020/04/03/industrious-slashes-a-third-of-its-workforce/
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