Current：Home > NewsWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -NextGenWealth
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2025-04-16 05:45:29
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！ (6751)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Looking Back on Gwyneth Paltrow and Brad Falchuk's Pinterest-Perfect Hamptons Wedding
- In Alabama loss, Georgia showed it has offense problems that Kirby Smart must fix soon
- Every Bombshell From This Season of Sister Wives: Family Feuds, Money Disagreements and More
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- College football Week 5 grades: Ole Miss RB doubles as thespian; cheerleader's ninja move
- Budget-Strapped Wyoming Towns Race for Federal Funds To Fix Aging Water, Sewer Systems
- NFL Week 4 injury report: Live updates for active, inactive players for Sunday's games
- See you latte: Starbucks plans to cut 30% of its menu
- The Daily Money: Card declined? It could be a scam
Ranking
- Intellectuals vs. The Internet
- Nebraska law enforcement investigating after fatal Omaha police shooting
- Presidents Cup 2024: Results, highlights from U.S.'s 10th-straight Presidents Cup win
- NFL games today: Schedule for Sunday's Week 4 matchups
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Former child star Maisy Stella returns to her 'true love' with 'My Old Ass'
- Missing a beat, streaming service Spotify is back after a temporary outage
- Handing out MLB's 2024 awards: Shohei Ohtani, Aaron Judge earn MVPs for all-time seasons
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Powerball winning numbers for September 28: Jackpot at $258 million
At Climate Week NYC, Advocates for Plant-Based Diets Make Their Case for the Climate
Dragon spacecraft that will bring home Starliner astronauts launches on Crew-9 mission
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Kathie Lee Gifford says Hoda Kotb's 'Today' show exit is 'bittersweet'
In Alabama, Trump goes from the dark rhetoric of his campaign to adulation of college football fans
Trump lists his grievances in a Wisconsin speech intended to link Harris to illegal immigration