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Flex Office Provider Knotel Lays Off Half Its 400-Employee Workforce

Chief Executive: 'We Will Be There When Businesses Resume Business'
Flex office company Knotel still expects to post a profit this year. (Knotel)
Flex office company Knotel still expects to post a profit this year. (Knotel)
CoStar News
March 28, 2020 | 2:15 P.M.

Flexible office provider Knotel laid off or furloughed 200 employees Friday, cutting its workforce by roughly half due to the coronavirus pandemic that has halted most business activity in New York City, San Francisco, Los Angeles and other large cities.

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