The Latest Breaking News from WeWork

WeWork goes bankrupt in battle to bear down on debts

Office-sharing company WeWork has filed for bankruptcy in the US as it struggles to pay off billions of dollars of debt.

Evening Standard · Nov 7, 2023

WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion

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 Independent UK · Nov 7, 2023

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

Company that provides shared working spaces has been struggling with huge debts and losses incurred during the pandemic

The Independent UK · Nov 7, 2023

WeWork co-founder says anticipated bankruptcy filing ‘disappointing’

Adam Neumann says seeing company struggle has been ‘challenging’ as trading of shares was suspended

The Guardian - US · Nov 6, 2023

WeWork set to file for bankruptcy - could this be the end at last?

Years after a frankly colossal failure to go public and now under new leadership, WeWork is still struggling with its finances.

TechRadar · Nov 1, 2023

Sam Bankman-Fried makes himself out to be an absentee CEO in new testimony

The FTX cofounder tried to distance himself from the hole in FTX’s balance sheet.

Fortune · Nov 1, 2023

UK hosts first-ever global artificial intelligence safety summit

British Prime Minister Rishi Sunak hosts world leaders and tech executives at Bletchley Park to discuss the future of the AI industry. Also in this edition: office-sharing firm WeWork is reportedly close to filing for bankruptcy, and Greek olive oil producers face rising thefts as prices skyrocket.

France 24 · Nov 1, 2023

WeWork shares plunge on reported plans to file for bankruptcy

The New York-based group has been struggling with a huge debt pile and mammoth losses and has already seen its share price decimated this year

Evening Standard · Nov 1, 2023

Afternoon Update: more interest rate rises likely; Victorian prison officers put spit hood on child; and WeWork to file for bankruptcy

The Reserve Bank looks increasingly likely to lift the cash rate as the IMF found inflation remained ‘sticky’

The Guardian - AU · Nov 1, 2023

WeWork gets boost in London as post-Summer office bookings rise

Flexible office provider WeWork has reported a big jump in demand for space in London in September as more staff returned to desks after the school holidays.

Evening Standard · Oct 11, 2023