Yikes. Sitting at a WeWork right now... Love it, I often have an entire floor jus to myself. Many locations are ghost towns, some have entire floors shut down.
As a private, non corporate costumer, I’m sad to see them go.
“Ghost town” probably depends on your location and country. The ones here are sometimes so full that if you don’t book in advance, you can’t get a seat for on-demand
I think the fundamental problem is they over-expanded too quickly and charge too much, leading to an oversupply of locations and a huge pile of leases in the debt column. They're glorified Regus and drank their own KoolAid that they were a unicorn rather than a business.
Technology is not going to improve where people are and aren't willing to commute.