Ottawa paid $670,000 to KPMG for advice on doing what? Take our business quiz
Take our business and investing quiz to test your recall for the week ending Nov. 10
Stay updated with breaking news from Work Inc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Take our business and investing quiz to test your recall for the week ending Nov. 10
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
In WeWork India, Embassy Group holds 73 per cent stake, while WeWork Global has a 27 per cent shareholding.
Things started moving downhill for the company way back in 2019 when WeWork's desperate efforts to raise money in a public listing took a hit on its reputation, resulting in the ousting of co-founder Adam Neumann.
WeWork India on Tuesday said it operates independently and WeWork Global's bankruptcy filing in the US will not impact its stakeholders in India.