Office space provider IWG posts £620m loss but expects Covid-19 rebound
Company says it expects ‘hybrid working’ – from both home and offices – to become the norm
IWG, the world’s biggest flexible workspace provider, has reported an annual loss of more than £620m but expects a big jump in demand once the Covid-19 pandemic subsides as hybrid working – from home and offices – becomes the norm.
Mark Dixon, the IWG chief executive, said: “We anticipate a massive surge in growth when we eventually emerge from the unprecedented downturn that the Covid-19 pandemic has created.”
Source: Business – The Guardian