The Wing, a women-focused co-working company, said it was permanently closing all of its locations, ending a nearly six-year run that saw the startup turn from a buzzy sanctuary to one marred by internal turmoil, WSJ Pro Bankruptcy reported. The company said on Tuesday that it was closing its six remaining co-working locations because it couldn’t run a financially sustainable operation after losing members during the pandemic. “With the backdrop of the COVID pandemic and increasing global economic challenges, we have been unable to recover,” the Wing said in an email to members. “As a consequence, we are very sorry to say that all of The Wing locations will be closing permanently,” the company said. “Members will no longer have access with immediate effect.” The Wing, which billed itself as something of a feminist boy’s club when it launched in 2016, offered lavish working spaces where manspreading wasn’t allowed. In its heyday, creative and corporate workers filled wait lists for memberships. The company’s website on Wednesday listed monthly memberships from $95 to $295 a month. The company opened spaces in trendy areas of New York, Chicago, San Francisco and the Los Angeles area, and previously had planned to open six locations in Europe by the end of 2022. Members of the Wing will now be granted access to any co-working space owned by office-space company IWG PLC, which purchased a majority stake in the Wing for an undisclosed amount in February 2021.
