EPAA cyclist at a WeWork location in Paris NOS Nieuws•vandaag, 10:42 The internationally operating office rental company WeWork has requested a deferment of payment. The company, which was founded in 2010 in the United States, was estimated to be worth $47 billion in 2019. With a restructuring, WeWork hopes to avoid bankruptcy and make a … Read more
WeWork, a new startup backed by SoftBank, filed for bankruptcy protection in the U.S. court on Monday (6th). Due to WeWork’s poor operating model and poor financial health, the shared office empire WeWork collapsed due to huge debts and huge losses. , and became a black hole for SoftBank’s investment losses. Shared office operator WeWork … Read more
Shared office giant WeWork, which has been in dire financial straits for years, has announced that it has filed for bankruptcy in an attempt to negotiate debt relief. The company said the measure will impact operations in the United States and Canada, but “global operations are expected to continue as usual.” “Now is the time … Read more