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

2025-05-06 20:50:18source:Charles Langstoncategory:Contact

NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection,Flipido 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.

More:Contact

Recommend

Walmart boosts its outlook for 2024 with bargains proving a powerful lure for the inflation weary

NEW YORK (AP) — Walmart had another quarter of strong sales that topped almost all expectations with

Black bear found dead on Tennessee highway next to pancakes

A driver fatally struck a bear as it attempted to eat pancakes on the side of a state highway border

Takeaways from The Associated Press’ report on lost shipping containers

LONG BEACH, Wash. (AP) — From clothes to metals used for manufacturing, most of the world’s everyday