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(Bloomberg) -- WeWork signed a lease in lower Manhattan for a new location as coworking demand in the city rises. The firm is ...
WeWork files for bankruptcy 00:15. WeWork, the formerly high-flying shared office space company that was once among the world's most valuable startups, filed for bankruptcy on Monday after years ...
WeWork, the beleaguered coworking space company, has filed for bankruptcy, marking a stunning downfall for what was once the world’s most valuable startup. The Chapter 11 bankruptcy announcement ...
Flexible workspace provider WeWork sought U.S. bankruptcy protection on Monday, crippled by a large debt pile and soaring losses due to lower demand for office space from cost-conscious customers.
WeWork's stock is down 99.2% from the start of the year, valuing the company at $44 million. The bankruptcy filing marks a staggering new low for the company, which at its heyday won billions of ...
WeWork’s bankruptcy filing has arrived. The well-known flexible office-space company has filed for Chapter 11 bankruptcy protection in the United States and Canada, seeking to convert certain ...
For years, there was a debate as to whether WeWork was a tech company or more of a real estate play. At first, most people viewed WeWork as a real estate startup disguised as a tech startup. Co ...
WeWork grew fast, doubling its revenue most years since it was founded, but it also more than doubled its losses. When the company sought to go public in 2019, investors balked.
WeWork’s revenue in the second quarter of this year was $593 million, well below the $988 million in revenue it reported for the first quarter of 2020, its peak quarter.
WeWork is, for now, being run by two of Neumann’s former deputies, Artie Minson and Sebastian Gunningham. The former community manager feels that Neumann has the strength to be a team leader ...
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