Current：Home > reviewsWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -TruePath Finance

WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion

​​​​​​​View Date：2025-04-15 09:32:10

NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection, a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world.

The company offered few specifics about the course of its restructuring, but noted in its filing that it was requesting the ability to cancel leases in particular locations that WeWork described as largely non-operational. All affected members have received advanced notice, the company said in a late Monday announcement.

veryGood！ (38747)

prev：Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine

next：Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week

Related

Ranking

Recommendation

Tags


Like