WeWork is reportedly planning on filing for bankruptcy as early as next week. WeWork, which takes long leases from office providers and sublets them on monthly contracts, has lost nearly 98pc of its market value in the past year as people continue to work from home. WeWork, once a darling of Silicon Valley that was valued at $47bn, warned in …
Sign up to our free IndyArts newsletter for all the latest entertainment news and reviews Sign up to our free IndyArts newsletter Sign up to our free IndyArts newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy WeCrashed, the drama about WeWork starring Anne Hathaway and Jared Leto, …
Office-sharing firm WeWork, valued as high as $47bn two years ago, will try again to go public, this time through a special purpose acquisition company merger that values the firm at $9bn. WeWork agreed to sell itself to a blank-check company in a deal to take the troubled office-sharing startup public almost two years after a high-profile failed listing. New …