Stay updated with breaking news from Wework. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
WeWork is planning to get rid of some of its Toronto locations after filing for bankruptcy in both Canada and the U.S. this week, leaving the city ...
It is going to take more than a better finance chief to bring the magic back to Walt Disney Co.
The reluctance of workers to return to offices — particularly in the US — has created a surfeit of downtown commercial property. But demand for hybrid working is stronger than ever, which opens possibilities for WeWork that has pared down debt. Rival IWG reported a 7% increase in quarterly revenue and falling net debt
WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more of its office-sharing space soured.
WeWork Bankruptcy: Whether the bet succeeds now depends on WeWork renegotiating the costly long-term leases it signed during the boom years and is now unable to pay, forcing it to file for bankruptcy on Monday.