A third of coworking operator in cities where WeWork is also operational view the company as having a negative impact on their business. The 2018 Deskmag Global Coworking Survey found the figure was highest where firms were within more than 3 km of a WeWork location, with just 25% reporting a negative impact, against 66% where the WeWork location is more than 3 km away. By contrast, just 2% of operators in cities without the rival company operating reported WeWork had no impact, with just 2% reporting a negative impact.
A third of coworking operator in cities where WeWork is also operational view the company as having a negative impact on their business. The 2018 Deskmag Global Coworking Survey found the figure was highest where firms were within 1 km of a WeWork location, with 40% reporting a negative impact, against just 25% where the WeWork location is more than 3 km away. By contrast, 66% of operators in cities without the rival company operating reported WeWork had no impact, with just 2% reporting a negative impact.