News

Knotel makes drastic staff cuts

By 2020-03-30T11:59:00

Knotel London

WeWork rival Knotel has made 30% of its workforce redundant and furloughed another 20%, becoming the latest venture capital-backed real estate firm to bow to the impact of Covid-19.

The cuts at the flexible office group will result in around half the staff, or 200 people, having either lost jobs or put on leave.

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