WeWork Looks To Restructure $3B In Debt, Raise Cash
Profitability still eludes the coworking specialist.
Profitability still eludes the coworking specialist.
WeWork just announced a new executive suite offering targeting larger corporate clients, law firms and financial firms.
WeWork's numbers are weak, and the economy might be next year as well.
WeWork has closed a large Boston coworking space in which Amazon had opened a facility in 2017.
WeWork gave 125 Shaftesbury Ave. back to its owners after Meta vacated its sublease.
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.
WeWork has been a penny stock for a while now.
The coworking giant is cleaning up another example of a grand plan gone awry.
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.
WeWork's stock was trading at 26 cents per share the day after Mathrani's surprise resignation.
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