Current：Home > MyWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -TradeSphere
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2025-04-14 12:07:50
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！ (452)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Why the Surprisingly Affordable SolaWave Skincare Wand Will Be Your Skin’s BFF
- Simon & Schuster purchased by private equity firm KKR for $1.62 billion
- Stock market today: Asia mixed after Wall St rallies ahead of US inflation update
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Crossings along U.S.-Mexico border jump as migrants defy extreme heat and asylum restrictions
- Paramount to sell Simon & Schuster to private equity firm KKR for $1.62 billion
- Mexico finds 491 migrants in vacant lot en route to U.S. — and 277 of them are children
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Leader of Texas’ largest county takes leave from job for treatment of clinical depression
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Arrest warrants issued after boaters attack dock employee at Montgomery riverbank
- What are the 10 largest US lottery jackpots ever won?
- MLB power rankings: The Angels kept (and helped) Shohei Ohtani, then promptly fell apart
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Ronda Rousey says 'I got no reason to stay' in WWE after SummerSlam loss
- Tory Lanez sentencing in Megan Thee Stallion shooting case postponed: Live updates
- Biden jokes he can relate with Astros' Dusty Baker, oldest manager to win World Series
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Why the Surprisingly Affordable SolaWave Skincare Wand Will Be Your Skin’s BFF
The Secret to Cillian Murphy's Chiseled Cheekbones Proves He's a Total Ken
Bursting ice dam in Alaska highlights risks of glacial flooding around the globe
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Back-to-school shopping could cost families a record amount this year. Here's how to save.
Yellow trucking company that got $700 million pandemic bailout files for bankruptcy
Get exclusive savings on new Samsung Galaxy devices—Z Flip 5, Z Fold 5, Watch 6, Tab S9