Earlier on Tuesday, the company told the US financial regulator it had agreed with creditors to temporarily postpone payments for some of its debt. The firm, ...
WeWork shares tanked over 35% in premarket trading on Wednesday after media reports that the flexible workspace provider was planning to file for bankruptcy ...
The SoftBank-backed company has been struggling with a large debt pile and hefty losses in recent years. Shares of the flexible workspace provider fell as much ...
WeWork's shares plunged 37% in pre-market trading Wednesday, following news reports that the beleaguered company plans to file for bankruptcy as early as ...
The New York-based group has been struggling with a huge debt pile and mammoth losses and has already seen its share price decimated this year.
Coworking group has struggled with a massive debt pile and hefty losses.
WeWork (NYSE: WE) stock is down another 50% over night on news that they're about to file for Chapter 11 bankruptcy. We can imagine all sorts of speculative ...
Given the company's performance in the past few quarters, what did you think was going to happen?
The business was founded in New York in 2010 by Adam Neumann, an Israeli entrepreneur, who had tapped into a post financial crisis zeitgeist of more ...
The co-working company will seek court protection in New Jersey while it works out a plan to repay its debts, and perhaps abandon some leases.
WeWork, a company once valued at $47 billion, now sells for around $1.12 per share at a market capitalization of $59 million.
WeWork shares plunged to their lowest level ever following reports the flexible office space provider may declare bankruptcy.
WeWork, backed by Softbank and other top VC firms, was once worth $47 billion. Venture capitalists haven't learned a thing from WeWork's collapse. WeWork just ...
WeWork's shares plunged as sources say it is preparing to file for bankruptcy as soon as next week.
The BBC understands the firm is to start closing some of its buildings, including one in central London.