Knotel makes drastic staff cuts

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.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue