Shared workspaces, or coworking spaces, are defined as office space shared by a group of professionals that typically range from: self-employed, freelancers, remote workers, and independent professionals who want to work in a communal, collaborative setting. It is breaks away from the traditional model where office space is occupied by employees of a single organization.
WeWork, one of the largest coworking companies in the game, started in 2008 and has since sprouted 221 offices globally. David Fano, chief growth officer for WeWork, says the biggest demand comes from large corporations that are trying to get the most out of workers by keeping them productive and happy. The focus for companies like WeWork lies in creating spaces to promote these positive emotions that allow workers to thrive in in places that blend the home and the office.