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Illustration: Sarah Grillo/Axios

WeWork's OnDemand product that lets anyone book office space for an hour at a time is going international, expanding from the U.S. to the United Kingdom, Ireland, Singapore and Australia.

The big picture: The pandemic has given rise to a remote and hybrid work revolution, but that doesn't always mean working from home. WeWork is betting that "third workplaces" — like its offices around the world — will become hotspots for teleworkers.

The backdrop: The rise of telework initially seemed disastrous for WeWork, which has invested piles of cash into perk-laden office spaces.

  • But the firm is attempting to future-proof by pivoting from big, long leases for entire companies to an "Uber-for-office-space" model designed for individuals.
  • "Third workplaces" are becoming increasingly important as the Delta variant continues to disrupt work and school, and corporate burnout intensifies.
    • Employees need quiet workspaces where they can escape family members or roommates and the pressures of home. Many companies have already started reimbursing remote employees who book space at local WeWorks.

Among the cities where OnDemand is opening: London; Manchester, England; Dublin; Singapore; and Melbourne, Sydney and Perth, Australia.

Go deeper

Oct 21, 2021 - Axios Des Moines

Des Moines office rental prices see dramatic drop

Illustration: Sarah Grillo/Axios

Office rental asking prices in downtown Des Moines this year fell by more than 35% from pre-pandemic levels, according to the most recent data from CBRE.

  • It was $13.99 per square foot in the first quarter of this year, down from $21.62 in 2019, per the commercial real estate firm's data.

Why it matters: The lower prices could help position DSM as an attractive place for business growth, said Greg Edwards, CEO of the Greater Des Moines Convention and Visitors Bureau.

  • Yes, but: It could also dent the tax base and make local governments struggle.

Amazon warehouse workers in New York file petition to hold unionization vote

Amazon workers and their supporters rally outside the National Labor Relations Board's regional office in Brooklyn, New York City, after filing a petition requesting an election to form a union. Photo: Gabby Jones/Bloomberg via Getty Images

Amazon warehouse workers in New York City filed a petition on Monday with the National Labor Relations Board (NLRB) to hold a vote on unionization.

Why it matters: The move comes six months after an organizing effort was defeated at Amazon's distribution center in Alabama.

Updated 1 hour ago - World

U.S. freezes aid to Sudan over military coup

Protesting the coup in Khartoum. Photo: AFP via Getty

The Biden administration froze a $700 million aid package to Sudan after a military coup on Monday threatened to end the country's transition toward democracy.

Driving the news: At least three protesters have been killed and dozens wounded in the chaotic scenes that followed the announcements from Gen. Abdel Fattah al-Burhan, the head of Sudan's ruling council, dissolving the government and declaring a state of emergency.

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