Flexible Office Thrives Amid WeWork’s Woes

WeWork’s recent struggles have drawn a torrent of commentary and raised concerns about the viability of the flexible office concept writ large. But others are more optimistic about a sector that has surged in recent years, as office users increasingly demand workspaces with flexible lease terms and the ability to quickly scale up and down.

Adam Neumann’s resignation as CEO of WeWork this week marks a turning point for the embattled startup, which has built out a global empire of coworking spaces across 111 cities in 29 countries since its founding less than a decade ago. The leadership change, which reportedly came under pressure from shareholders of parent firm The We Co., follows the company’s decision this month to shelve its planned IPO...