Current：Home > FinanceWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -AssetTrainer
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2025-04-25 00:44:48
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！ (36)
Related
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Usher's 2024 Super Bowl Halftime Show Will Have Fans Screaming Yeah
- Weird & Clever Products on Amazon That Will Make Your Home so Much Cooler
- Lizzo Debuts Good as Hell New Hairstyle at Super Bowl 2024
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Breaking down everything we know about Taylor Swift's album 'Tortured Poets Department'
- How many Super Bowls have the 49ers won? All of San Francisco's past victories and appearances
- Jimmy Van Eaton, an early rock ‘n’ roll drummer who played at Sun Records, dies at 86
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Chinese authorities cancel Argentina friendlies amid Messi backlash
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Caitlin Clark points tracker: See how close Iowa women's basketball star is to NCAA record
- Taylor Swift's Super Bowl Squad Includes Blake Lively and Ice Spice
- $6.5K reward as Arizona officials investigate the killing of a desert bighorn sheep near Gila Bend
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Chinese authorities cancel Argentina friendlies amid Messi backlash
- King Charles III expresses 'heartfelt thanks' for support after cancer diagnosis
- 'Percy Jackson' producers on Season 2, recasting Lance Reddick: 'We're in denial'
Recommendation
Intel's stock did something it hasn't done since 2022
New Mexico budget bill would found literacy institute, propel housing construction and conservation
'Percy Jackson' producers on Season 2, recasting Lance Reddick: 'We're in denial'
Why do Super Bowl tickets cost so much? Inside the world of NFL pricing, luxury packages, and ticket brokers with bags of cash
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Two-legged Puppy Bowl star Mr. Bean steals a 'Bachelor' heart on his hind legs
What Danny DeVito Really Thinks of That Iconic Mean Girls Line
Former officer pleads not guilty to murder in fatal police shooting