WeWork Renegotiating Nearly All Leases, Exiting Floundering Properties

WeWork is cutting its lease liabilities, which accounted for over two-thirds of total operating expenses in the second quarter.

WeWork Looking At Stock Merger To Avoid NYSE Delisting

It's a strategy often used by companies facing delisting.

WeWork CEO Sandeep Mathrani Resigns

Sandeep Mathrani is stepping down as WeWork CEO after over three years at the helm of the coworking giant. David Tolley will take over as interim CEO on May 26.

WeWork Closing 90K SF Gas Company Tower Location

WeWork will close the location at the end of February.

WeWork Junior Creditors Ask Bankruptcy Court To Sue SoftBank

Junior WeWork creditors allege SoftBank and other investors used pre-bankruptcy debt restructuring in 2023 to “mitigate their losses."

Another WeWork Bites The Dust In The Financial District

WeWork is renegotiating deals and exiting leases that aren't performing well.

WeWork Skips $95M In Interest Payments

WeWork is in the midst of seeking better terms from its creditors and landlords.

WeWork Files For Bankruptcy

WeWork has collapsed under the weight of lease and interest payments.

Fitch Downgrades WeWork: Improvements 'Not Materializing,' Bankruptcy Close

WeWork now merits a C rating, which means default or a “default-like process” has started.

Bankrupt WeWork Owes Boston Landlords Over $7M, Seeks To Exit 2 Leases In City

As part of the coworking operator's bankruptcy filing, it listed Boston property owners including Beacon Capital and John Hancock among its largest creditors.