WeWork asks employees to value work versus safety in offering them money to work during crisis
all nonessential businesses to keep 100% of their workforce at home in a desperate effort to slow the spread of the coronavirus. WeWork's claim is that keeping certain offices running qualifies as essential because of the critical work some tenants are doing."We are a financial services company so we need to be able to access our office throughout this coronavirus issue. Please do not close or shut us out. We have 130 clients whose financial lives depend on us.
"We provide support to Hospitals, Clinics, and Food Banks in the terms of personnel. We provide essential personnel like nurses and medical assistants and other licensed healthcare professionals to keep their business in operation." "Our company is working with Health Care companies, hospitals and delivery companies involved in combating COVID-19 and as such our business is essential and needs to remain supported and able to access WeWork locations throughout the country during this time."
While hospitals, clinics and food banks are clearly essential services, WeWork's role in providing office space to support them is murkier ground. Offering to pay employees $100 a day to put themselves in harm's way and potentially risk the lives of others gets into moral hazard territory, even if jobs up the supply chain are valuable.well before COVID-19 became a global health and economic crisis.
But WeWork isn't alone in weighing extreme efforts to flatten the curve around virus hospitalizations versus economic growth.said Tuesday he wants the U.S. economy to "open" back up by Easter Sunday, April 12, despite expert warnings about the deadly threat of the coronavirus. Dan Patrick, the lieutenant governor of Texas, suggested that older people would be willing to die to protect the economy.
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