wework

  • WeWork Offices Could Close as the Company Struggles to Stay Afloat

    WeWork Offices Could Close as the Company Struggles to Stay Afloat

    WeWork, the company that offers flexible co-working spaces, said in a Securities and Exchange Commission (SEC) filing on Tuesday that it is at risk of bankruptcy. The business has struggled since the beginning of the COVID-19 pandemic, when offices shuttered their doors and moved to remote work, resulting in WeWork losing billions of dollars. “Our…


  • WeWork Is Closing 40 Offices in a Bid to Actually Make Money

    WeWork Is Closing 40 Offices in a Bid to Actually Make Money

    WeWork, the real estate startup that once fooled backers into believing it was a $US47 billion (about $65 billion in Aussie terms) tech venture, is downsizing. The co-working company plans to close 40 “underperforming locations,” according to its third quarter earnings report, published Thursday.