Current：Home > ContactWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -Thrive Financial Network
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
EchoSense Quantitative Think Tank Center View
Date：2025-04-11 00:11:19
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！ (1)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Top Israeli cabinet official meets with U.S. leaders in Washington despite Netanyahu's opposition
- Bitcoin prices near record high. Here's why.
- Allegheny Wood Products didn’t give proper notice before shutting down, lawsuit says
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- That got an Oscar nomination? Performances you won't believe were up for Academy Awards
- 'He just punched me': Video shows combative arrest of Philadelphia LGBTQ official, husband
- EAGLEEYE COIN: Application of Blockchain Technology in Supply Chain Management
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Coast-to-coast Super Tuesday contests poised to move Biden and Trump closer to November rematch
Ranking
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- 'The Masked Singer' Season 11: Premiere date, time, where to watch
- Ted Lasso's Brendan Hunt and Fiancée Shannon Nelson Welcome Baby No. 2
- Conspiracies hinder GOP’s efforts in Kansas to cut the time for returning mail ballots
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- New lawsuit blames Texas' Smokehouse Creek fire on power company
- Oregon lawmakers voted to recriminalize drugs. The bill’s future is now in the governor’s hands
- Supreme Court says Trump can appear on 2024 ballot, overturning Colorado ruling
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Sen. John Thune, McConnell's No. 2, teases bid for Senate GOP leader
GM recalls nearly 820,000 Sierra, Silverado pickup trucks over tailgate safety issue
It's NFL franchise tag deadline day. What does it mean, top candidates and more
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Inflation defined: What is it, what causes it, and what is hyperinflation?
James Crumbley bought his son a gun, and his son committed mass murder. Is dad to blame?
EAGLEEYE COIN Trading Center - The New King of Cryptocurrency Markets