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The Independent UK
The Independent UK
National
Alisha Rahaman Sarkar

WeWork files for bankruptcy after failing to recover from Covid-19 losses

WeWork
AFP via Getty Images

WeWork has filed for bankruptcy in the US after years of struggle and failure to recover from the Covid-19 pandemic-induced losses.

The New York-based co-working company reported liabilities of $10bn to $50bn in a Chapter 11 petition filed in New Jersey.

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