Once Valued At $47 billion, WeWork Files For Bankruptcy Protection In Spectacular Fall | N18V
WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office-sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world.The specter of bankruptcy has hovered over WeWork for some time. In August, the New York company sounded the alarm over its ability to remain in business. Cracks had begun to emerge several years ago, not long after the company was valued as high as $47 billion.
#wework #bankruptcy #news18
WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office-sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world.The specter of bankruptcy has hovered over WeWork for some time. In August, the New York company sounded the alarm over its ability to remain in business. Cracks had begun to emerge several years ago, not long after the company was valued as high as $47 billion.
#wework #bankruptcy #news18
