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Tag: wework

WeWork fincancial troubles

WeWork: From Office Leasing Champion to the Brink of Bankruptcy – A Compelling Tale of Corporate Struggle.

WeWork’s financial troubles have been mounting for some time, with the company posting a net loss of $3.2 billion in 2020, despite efforts to cut costs and lay off staff. The Covid-19 pandemic has hit the company hard, with many businesses downsizing or switching to remote work, reducing the demand for WeWork’s office spaces. Continue…

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