In this article, you'll learn:
- The rise of coworking spaces and their popularity among freelancers and startups.
- COVID-19's impact on coworking, leading to declines in usage and revenue.
- New safety measures in coworking spaces, such as social distancing and sanitation.
- The evolution of coworking spaces to offer more private, spacious setups post-COVID.
The recent outbreak of COVID-19 is affecting every industry including the coworking office model. Before the outbreak of COVID-19, co-working spaces were considered to be highly productive when compared to employees working on their own. In a 2015 study of 1,500 co-workers in 52 countries by Global Coworking Unconference Conference, eighty-four percent of individuals reported they were more engaged and motivated since joining their co-working community. It was discovered that the fast-paced environment, built-in peer accountability and flexible amenities were key elements that contribute to their productivity. Unlike traditional co-working spaces, individuals have control over their work environments. Hence, they are able to choose how, when, and where they work.