Office Space
| Use attributes for filter ! | |
| Initial release | USA |
|---|---|
| Directors | Mike Judge |
| Based on | Milton |
| Mike Judge | |
| Production company | 20th Century Fox |
| Screenplay | Mike Judge |
| This movie speaks on behalf of all the corporate worker bees and makes you go through the frustration and negligence . . . | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 763138 |
About Office Space
Corporate drone Peter Gibbons (Ron Livingston) hates his soul-killing job at software company Initech. While undergoing hypnotherapy, Peter is left in a blissful state when his therapist dies in the middle of their session. He refuses to work overtime, plays games at his desk and unintentionally charms two consultants into putting him on the management fast-track. When Peter's friends learn they're about to be downsized, they hatch a revenge plot against the company inspired by "Superman III. "
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... Where is the best place to see the Northern Lights in the UK? The greatest probability of seeing the Northern Lights is in Scotland, Northern Ireland and northern England, according to Met Office Space weather manager Simon Machin...
‘Work near home' hubs aim to kill the commute
... " The City of London Corporation recently reported in demand for Office Space...
How WeWork's founder flew too close to the sun
... That seems a million miles from humbling reality, as the company that became the largest tenant of Office Space in New York and London from the very landlords who once adored it...
Drumsheds: What it's like to go clubbing in an old Ikea?
... Much like Printworks, an old printing press to make room for a new office development, Drumsheds only has temporary planning permission and could make way for housing or Office Space in the next few years...
Interim House Speaker 'evicts' two senior Democrats from Capitol
... Mrs Pelosi noted in her statement that, in line with the tradition, she had given her Republican predecessor Office Space while she was Speaker...
Netflix: Streamers expansion into gaming is 'natural extension'
... In a trendy Office Space in central Liverpool, that s exactly what the team at Ripstone Studios are trying to do...
WeWork: What went wrong for the much-hyped firm?
... The firm had scooped up long-term leases in prime Office Space around the world, expecting to make money by sub-letting the space on a short-term basis to firms and individuals looking for flexibility and trendy digs...
WeWork: Shares slide as it raises 'substantial doubt' over future
...By Annabelle LiangBusiness reporterShares of WeWork, the once globally hyped Office Space sharing company, have plunged after it raised " substantial doubt" about its future...
WeWork: Shares slide as it raises 'substantial doubt' over future
By Annabelle LiangBusiness reporter
Shares of WeWork, The Once globally hyped Office Space sharing company, have plunged after it raised " substantial doubt" about its future.
The Company 's shares fell by close to 24% in extended trading in New York .
The Firm added that its management needed to raise additional capital to keep it afloat over The Next 12 Months .
WeWork, which is backed by Japanese tech giant Softbank, was hit hard by the pandemic as social distancing rules drove people to work from home.
However, it has yet to turn a profit even after workers returned to offices as coronavirus restrictions eased.
On Tuesday, that it faced challenges including softer demand and a " difficult" operating environment.
" Substantial doubt exists about The Company 's ability to continue as a going concern, " The Firm said.
It added: " The Company 's ability to continue as a going concern is contingent upon successful execution of management's plan to improve liquidity and profitability over The Next 12 Months . "
The Plan involves raising additional capital through the issuance of stocks or bonds, or asset sales.
The management will also move to reduce rental costs and limit capital expenditures, WeWork said.
WeWork currently has 512,000 members at its workspaces in 33 countries around The World .
The Company 's first attempt to go public collapsed in 2019 over concerns about its business model and co-founder Adam Neumann 's leadership style.
It was listed two years later in a deal that valued WeWork at $9bn. That was roughly a fifth of its estimated value in 2019.
The Firm has also struggled to cope with troubles in the technology sector.
It has seen the exits of several top executives this year, including that of former chief executive and chairman Sandeep Mathrani .
In March, WeWork said it had struck deals with Softbank and other investors to reduce its debt by around $1. 5bn.
Shares in The Company have fallen by More Than 95% in the Last Year . Shares fell by another third in extended hours trading on Wednesday to $0. 21 (£0. 16).
Related TopicsSource of news: bbc.com
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