Ecommerce major Snapdeal is rationalizing its offices and is moving into co-working hubs instead of operating from leased offices in an effort to trim costs. The company has vacated its office with 200-seat capacity in Mumbai\u2019s Malad suburb and picked up a 90-seat office in a co-working hub in Andheri, said three persons familiar with the development.\u00a0The company has picked up an entire floor in co-working space provider Awfis Space Solution\u2019s hub in Andheri (west) that has a total capacity of 255 seats.<\/p>\n
The move is expected to help the Softbank-backed company ease its cost incurred for this specific centre by 10%. \u201cApart from reduction in cost burden, flexibility to expand and cut space requirement as per business demand has led to the decision to move into a co-working space. Conventional office lease may not support that kind of flexibility,\u201d said one of the persons mentioned above.<\/p>\n
Read more: Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Ecommerce major Snapdeal is rationalizing its offices and is moving into co-working hubs instead of operating from leased offices in an effort to trim costs. The company has vacated its office with 200-seat capacity in Mumbai\u2019s Malad suburb and picked up a 90-seat office in a co-working hub in Andheri, said three persons familiar with\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[95],"class_list":["post-812","post","type-post","status-publish","format-standard","hentry","category-city","category-mumbai","tag-shared-office-space"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=812"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/812\/revisions"}],"predecessor-version":[{"id":815,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/812\/revisions\/815"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}