WeWork India's Clarification After Global Unit Files For Bankruptcy
WeWork India on Tuesday said it operates independently and WeWork Global's bankruptcy filing in the US will not impact its stakeholders in India.
Source: ndtv.com
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WeWork India on Tuesday said it operates independently and WeWork Global's bankruptcy filing in the US will not impact its stakeholders in India.
After years of struggle, co-working startup WeWork Inc has filed for bankruptcy in the USA.
WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office-sharing company once seen as a Wall Street darling.
WeWork Inc (NYSE: WE) shares are in the spotlight Tuesday after the company filed for bankruptcy.
The company said that its restructuring is limited to WeWork's locations in the U.S. and Canada.