WeWork emerges from bankruptcy, announces John Santora as …
WEBJun 11, 2024 · WeWork, the shared office space company once valued at $47 billion, emerged from bankruptcy on Tuesday and named Cushman & Wakefield executive John Santora as its new CEO. WeWork filed for...
WeWork’s Rise To $47 Billion—And Fall To Bankruptcy: A Timeline
WEBNov 7, 2023 · WeWork has $15 billion worth of assets but $18.6 billion in debt, according to the Wall Street Journal. It also reportedly owes almost $100 million “in unpaid rent and lease termination fees”...
WeWork cleared to exit bankruptcy and slash $4 billion in debt
WEBNEW YORK, May 30 (Reuters) - A U.S. bankruptcy judge on Thursday approved WeWork's Chapter 11 bankruptcy plan, allowing the shared office space provider to eliminate $4 billion in debt and hand...
After WeWork's bankruptcy, what is the future of coworking? - BBC
WEBNov 16, 2023 · Practically synonymous with coworking, WeWork has an uncertain future after it was forced to file for bankruptcy protection in the US. Can coworking survive without it?
WeWork Cleared to Exit Bankruptcy After Neumann Ends Buyout Bid
WEBMay 30, 2024 · WeWork Inc. won bankruptcy court approval to shed billions in debt, drop unprofitable leases from its office workspace portfolio and leave behind the legacy of co-founder Adam Neumann.
WeWork Announces Emergence from Chapter 11 and New …
WEBNEW YORK, June 11, 2024 -- (BUSINESS WIRE)--WeWork, the leading global flexible space provider, today announced it has successfully emerged from Chapter 11 and completed its global operational...
WeWork Has Sent a Distress Signal. Here’s What to Know.
WEBAug 9, 2023 · WeWork, which promised to revolutionize the way people work alongside one another, announced in a financial filing on Tuesday that it had “substantial doubt” it would stay in business. That ...
WeWork CEO says company is 'here to stay' as it renegotiates leases
WEBSep 6, 2023 · With its market cap at about $200 million, down from a private market peak of $47 billion, WeWork in mid-August announced a 1-for-40 reverse stock split to get its shares trading back above $1, a...
WeWork to start closing some offices around the world - BBC News
WEBNov 2, 2023 · The troubled office-sharing firm WeWork is to start closing some of its buildings around the world, the BBC understands. The company, once valued at $47bn (£38.6bn), has seen its shares tumble...
WeWork, once valued at $47 billion, files for bankruptcy
WEBNov 7, 2023 · Office-sharing company WeWork filed for Chapter 11 bankruptcy protection in federal court Monday. Valued in 2019 at $47 billion in a round led by Masayoshi Son’s SoftBank, the company tried and ...