WeWork reportedly on the verge of filing bankruptcy, stock plummets

WeWork reportedly on the verge of filing bankruptcy, stock plummets

a year ago
Anonymous $HYlO-3b458

https://techcrunch.com/2023/10/31/wework-reportedly-on-the-verge-of-filing-bankruptcy-stock-plummets/

WeWork is on the verge of filing for Chapter 11 bankruptcy in New Jersey, according to sources cited by The Wall Street Journal.

If WeWork does indeed file, it shouldn’t come as a shock to close followers of the flexible workspace provider. WeWork warned in August in its second-quarter earnings that “substantial doubt exists about the company’s ability to continue as a going concern.”