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Hours before WeWork filed for Chapter 11 bankruptcy protection on Monday, the company's co-founder and former chief executive, Adam Neumann, weighed in on the expected move, expressing "disappointment."
The story of Adam Neumann and the rise and fall of WeWork reads more like a parable than a business story.
WeWork's downfall isn't just a cautionary tale for startups. Similar strategic miscalculations in launching new ventures are repeated every day by big companies.
International Business News: WeWork, the once-revolutionary office-sharing company, has filed for Chapter 11 bankruptcy protection. The filing comes as the commercial real estate
Spaces in Toronto, Vancouver and Burnaby are to be closed as WeWork files for creditor protection under the Companies’ Creditors Arrangement Act