International Workspace Group (IWG) has reported record revenues of $2.4bn (£1.8bn) for the six months to the end of June, up 11%, as AI pushes more firms towards flexible workspaces. The half-year results follow record annual growth in its results for 2025, with $4.45bn (£3.35bn) of revenue. Some 60% of chief executive and chief financial officer respondents to the firm’s research said AI had made it impossible to know how much office space they would need in two years’ time. Christian Schmitz, chief executive of IWG, said: “Our strategy remains clear. Loading…Founder and long-time chief executive Mark Dixon announced in June he was stepping down from the role and into an executive chair position, with Schmitz stepping up to become chief executive.