#weworkdocumentary

In the initial Chapter 11 filing, WeWork reported total debts of about $18.5 Billion against just $15 Billion in assets - giving them a negative equity value of around $3.5 Billion. #wework #bankruptcy CNBC Video: https://www.youtube.com/watch?v=zpnqZSxKdb

In the initial Chapter 11 filing, WeWork reported total debts of about $18.5 Billion against just $15 Billion in assets - giving them a negative equity value of around $3.5 Billion. #wework #bankruptcy Full Video: https://youtu.be/uPShdzc1OVE

Flexible workspace provider WeWork reportedly plans to file for bankruptcy as early as next week. This development comes amid its struggles with massive debt & hefty losses. Shares of the company fell 32% in extended trading after the Wall Street Journal f