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The entrance of 31 St. James Ave. in Boston.
News

WeWork Quietly Exited 120K SF Back Bay Space

... Garden, saw strong demand prior to the pandemic with WeWork as a tenant. WeWork opened the space in 2016, its third location ... it works to cut costs and reach profitability.  In November, WeWork CEO Sandeep Mathrani said the company was planning to close ...

Apr 07, 2023
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WeWork President, COO Heads For The Exit
News

WeWork President, COO Heads For The Exit

... Tolley said in a statement provided to Bisnow. “Since joining WeWork, Anthony has played a critical role in our global expansion ... July 2021. His replacement hasn't been announced. Following WeWork’s disclosure that Yazbeck would be stepping down, shares in ...

Oct 20, 2023
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WeWork Looking At Stock Merger To Avoid NYSE Delisting
News

WeWork Looking At Stock Merger To Avoid NYSE Delisting

... shareholder approval, is often used by companies facing delisting. WeWork received a warning in April that its stock had traded ... . The coworking company is also exploring tweaking its model, WeWork CEO Sandeep Mathrani told attendees of a global real estate ...

May 03, 2023
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WeWork, Meta And The London Office On Sale At An £87M Discount
News

WeWork, Meta And The London Office On Sale At An £87M Discount

... likely paid for through landlord-tenant incentives. WeWork leased the entirety of its space to ... in summer 2018. At the time, WeWork was keen to undertake deals with large ... cash after its failed 2019 IPO attempt, WeWork handed the space back to the owners, ...

Aug 09, 2023
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WeWork's First Public Earnings Report Shows Narrowing Losses, Year-Over-Year Revenue Decline
News

WeWork's First Public Earnings Report Shows Narrowing Losses, Year-Over-Year Revenue Decline

... merger with a special-purpose acquisition company is complete, WeWork is just another publicly traded enterprise. The flexible office ... an improvement over Q2, when revenue totaled $593M. WeWork ended the third quarter with 766,000 workstations across its ...

Nov 15, 2021
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WeWork Misses Q2 Earnings Expectations Despite Improving Performance, Financial Stability
News

WeWork Misses Q2 Earnings Expectations Despite Improving Performance, Financial Stability

... following a failed attempt at an initial public offering, WeWork had been characterized by extravagant spending and voracious growth. ... financial and geographical flexibility. In the second quarter, WeWork scored a much larger share of office leasing when ...

Aug 04, 2022
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The former WeLive co-living space at 2221 South Clark St., which Common is taking over.
News

WeWork Has Officially Pulled The Plug On WeLive

... leadership, respectively," the spokesperson wrote in an email. WeWork's spokesperson said it turned over management of the ... the building.  "We recently finalized an agreement with WeWork to assume all management responsibilities and operations for its ...

Jul 21, 2021
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WeWork Lands French Tech Company For 30K SF Custom Office In Tribeca
News

WeWork Lands French Tech Company For 30K SF Custom Office In Tribeca

... dedicated space for 36 months, and the partnership means WeWork will tailor the space for Contentsquare with custom branding ... place to work."  This lease, the fifth Contentsquare has with WeWork around the world — including its headquarters in Paris — will ...

Feb 02, 2022
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people at a coworking space
News

WeWork Acquiring Flexible Workspace Company Common Desk

... took over as the company’s CEO, according to Bloomberg. WeWork operates more than 800 office and coworking locations worldwide, ... in a statement that the acquisition of Common Desk represents WeWork’s commitment to growing its portfolio.  “With an eye ...

Jan 25, 2022
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WeWork Default A 'Real Possibility' After Fitch Downgrades Coworking Provider
News

WeWork Default A 'Real Possibility' After Fitch Downgrades Coworking Provider

... possibility, according to Fitch. Fitch predicts WeWork would be a going concern should it  ... statement. The downgrades also come after WeWork's Q3 2022 earnings fell short of ... -pandemic numbers will not be easy. "WeWork is targeting a return to pre-pandemic ...

Dec 05, 2022
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