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(AP) — WeWork has sounded the alarm on its ability to stay in business, prompting speculation around the future of the troubled workspace-sharing company. Last week, WeWork warned there was "substantial doubt" about the New
Temple Owl Jackie Neckers, Class of 2024, has been hard at work this summer interning with Macquarie Group in Houston, Texas. A finance major from Milford, Pennsylvania, Jackie discovered her interest in global energy markets through her participation in the Owl Fund, a student-run investment fund housed in the Fox School of Business. That passion helped her land an internship
The company warned there was “substantial doubt” about its “ability to continue as a going concern,” which means having the resources needed to operate and stay in business.
WeWork was valued at $47 billion at one point, before investors started to drop off due to Neumann's erratic behavior and exorbitant spending.
The company warned there was “substantial doubt” about its “ability to continue as a going concern,” which means having the resources needed to operate and stay in business.