WeWork

The co-working company, once valued at $47bn, never recovered from the scandal of its founder's ouster and shift to remote work.

This bankruptcy marks a major downfall for a former Wall Street favorite that was once valued at $47 billion.

The embattled flexible workspace provider, WeWork, is reportedly on the verge of filing for bankruptcy in the coming week, Reuters reported, citing a source ...

The company also signed a seven-days long forbearance agreement with its creditors on October 30.

At its peak, it was one of the country's most valuable startups and operated offices around the world.

The company had net long-term debt of US$2.9 billion as at June end and more than US$13 billion in long-term leases, at a time when rising borrowing costs are ...

WeWork shares tanked over 35% in premarket trading on Wednesday after media reports that the flexible workspace provider was planning to file for bankruptcy ...

The SoftBank-backed company has been struggling with a large debt pile and hefty losses in recent years. Shares of the flexible workspace provider fell as much ...

WeWork's shares plunged 37% in pre-market trading Wednesday, following news reports that the beleaguered company plans to file for bankruptcy as early as ...

WeWork's shares plunged as sources say it is preparing to file for bankruptcy as soon as next week.

WeWork, a company once valued at $47 billion, now sells for around $1.12 per share at a market capitalization of $59 million.

The stock crash comes as WeWork continues to grapple with substantial financial deficits, deficiencies in corporate governance, and concerns regarding the ...

The BBC understands the firm is to start closing some of its buildings, including one in central London.

The business was founded in New York in 2010 by Adam Neumann, an Israeli entrepreneur, who had tapped into a post financial crisis zeitgeist of more ...