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The Independent UK
The Independent UK
National
Wyatte Grantham-Philips

WeWork has emerged from bankruptcy. What's next for the co-working office space provider?

Copyright 2020 The Associated Press. All rights reserved

WeWork has officially emerged from bankruptcy. And all eyes are on whether its new leadership can guide the long-embattled provider of co-working office space to success.

Once a Wall Street darling promising to revolutionize the world of work, WeWork took a stunning — but anticipated — fall last November when it filed for Chapter 11 bankruptcy protection. Early overexpansion shackled WeWork with mounting debt and unsustainable real estate costs, and the New York-based company turned to restructuring in a bid to resurrect its business.

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