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Nov 8, 2023 · Nov 7 (Reuters) - Flexible workspace provider WeWork (WE.N) sought U.S. bankruptcy protection on Monday, crippled by a large debt pile and soaring losses due to lower demand for office space from...
Nov 7, 2023 · 1:42. A WeWork logo is seen outside its offices in Queens, New York, Nov. 7, 2023. Shannon Stapleton/Reuters. WeWork, the office-sharing company that experienced a dazzling rise and sudden decline that came to symbolize the excesses of business startup culture, filed for bankruptcy on Monday. In 2019, the company was valued at $47 billion.
Nov 7, 2023 · WeWork has $15 billion worth of assets but $18.6 billion in debt, according to the Wall Street Journal. It also reportedly owes almost $100 million “in unpaid rent and lease termination fees” to...
Aug 9, 2023 · Aug. 9, 2023. WeWork, which promised to revolutionize the way people work alongside one another, announced in a financial filing on Tuesday that it had “ substantial doubt ” it would stay in...
Nov 6, 2019 · By Lizzie Widdicombe. November 6, 2019. For many employees, WeWork’s proposition was as intoxicating as it was vague. “I bought into it,” a designer said, of the company’s vision—“this new...
WeWork Locations. 591 Open & Coming Soon Locations. 118 Cities. Global WeWork buildings. For all the ways you work, we’re here. Our workspace solutions help give you the flexibility to find office space that works best for you—from pay-as-you-go to monthly global memberships, we got you covered. WeWork On Demand.
