Current：Home > reviewsWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -Edge Finance Strategies
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2025-04-17 16:44:58
NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection, 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 company offered few specifics about the course of its restructuring, but noted in its filing that it was requesting the ability to cancel leases in particular locations that WeWork described as largely non-operational. All affected members have received advanced notice, the company said in a late Monday announcement.
veryGood！ (63)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- You'll Flip for Shawn Johnson and Andrew East's 2024 Olympics Photo Diary
- College football Week 0 breakdown starts with Florida State-Georgia Tech clash
- Bears' Douglas Coleman III released from hospital after being taken off field in ambulance
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Illinois Supreme Court upholds unconstitutionality of Democrats’ law banning slating of candidates
- Everything Elle King Has Said About Dad Rob Schneider
- Both sides argue for resolution of verdict dispute in New Hampshire youth center abuse case
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Zayn Malik Shows Off Full Beard and Hair Transformation in New Video
Ranking
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Illinois Supreme Court upholds unconstitutionality of Democrats’ law banning slating of candidates
- Hawaii’s Big Island is under a tropical storm warning as Hone approaches with rain and wind
- The surprising story behind how the Beatles went viral in 1964
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Where is College GameDay this week? Location, what to know for ESPN show on Week 0
- Hailey Bieber and Justin Bieber Reveal Name of First Baby
- Parents charged after baby fatally mauled by dogs; pair accused of leaving baby to smoke
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Oklahoma revokes license of teacher who gave class QR code to Brooklyn library in book-ban protest
Babe Ruth’s ‘called shot’ jersey could get as much as $30 million at auction
Judge rules Breonna Taylor’s boyfriend caused her death, dismisses some charges against ex-officers
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Amazon announces upcoming discount event, Prime Big Deal Days in October: What to know
Erica Lee Carter, daughter of the late US Rep. Sheila Jackson Lee, will seek to finish her term
Trump-backed Alaska Republican withdraws from US House race after third-place finish in primary