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WeWork Looks To Restructure $3B In Debt, Raise Cash
Profitability still eludes the coworking specialist.
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Profitability still eludes the coworking specialist.
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WeWork just announced a new executive suite offering targeting larger corporate clients, law firms and financial firms.
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WeWork's numbers are weak, and the economy might be next year as well.
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WeWork has closed a large Boston coworking space in which Amazon had opened a facility in 2017.
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WeWork gave 125 Shaftesbury Ave. back to its owners after Meta vacated its sublease.
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WeWork, one of the world's leading flexible workspace providers, is adding two new locations in downtown Toronto for businesses looking to convert to coworking.
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WeWork has been a penny stock for a while now.
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The coworking giant is cleaning up another example of a grand plan gone awry.
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WeWork's former CEO Sandeep Mathrani was working on deals to hand over operations at some locations but was unable to win approval from SoftBank.
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WeWork's stock was trading at 26 cents per share the day after Mathrani's surprise resignation.
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