Archive · 19 Nov 2025
WeWork CEO Sees No Demand Slowdown, Predicts India's GCC Workforce Boom
WeWork, a company that provides office spaces, says that there's no slowdown in demand for their services.
They think that the number of people working in global companies' offices in India could grow to between 10 and 20 million in the future.
More companies are moving their operations to India because it's cheaper than using IT service providers.
WeWork is also expanding and expects to have 145,000 desks by the end of the year.
WeWork sees no moderation in demand across major office markets
India's GCC workforce could rise to nearly 10-20 million over time
Global companies shifting from outsourcing to insourcing GCC operations in India
Mid-tier businesses showing increasing interest in offshoring to India
WeWork aims to expand to 145,000 desks by end of fiscal year
- Who
- WeWork, global companies, mid-tier businesses
- What
- Seeing no demand slowdown, predicting India's GCC workforce growth, shifting operations to India
- When
- Currently, with future growth expected over time
- Where
- Major office markets, India
- Why
- Cost-effectiveness, growing interest from mid-tier businesses
Optimistic View
Cautious View
Demand Growth
Optimistic View
WeWork sees no demand moderation and expects significant growth in India's GCC workforce.
Cautious View
Some may question the sustainability of this rapid growth and potential market saturation.
- Current operational desks
- 115,000
- Desks under fit-out
- 15,000
- Projected desks by year-end
- 130,000
- Desks signed through LOIs and AUMs
- 11,000-12,000
- Total visible desks
- 145,000
- H1 2025 office leasing activity
- 48.9 million sq ft
- GCCs hosted by WeWork
- 100-130
- Contribution of GCCs to WeWork's revenue
- 35-40%
