Breather's US, UK subsidiaries reportedly file for insolvency
Breather’s US, UK subsidiaries reportedly file for insolvency The United States and United Kingdom subsidiaries of Montreal-based flexible workspace company Breather have reportedly filed for separate insolvency processes, amid financial troubles and significant downsizing happening at the startup. The goal now is to rebuild Breather with a focus on technology rather than leasing spaces. According to The Globe and Mail, the subsidiaries filed for insolvency this week, around the same time Breather decided to pull out of hundreds of leases. The 315 office spaces Breather leas...
Source: betakit.com