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

2025-05-04 13:51:41source:Chainkeencategory:My

NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection,EAI Community  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:My

Recommend

'Love is Blind' in hot water with labor watchdog for violations, mistreatment

After seven seasons and several international spinoffs, we're still not sure if "Love is Blind" − bu

There's NIL and Pac-12 drama plus an Alabama-Georgia showdown leading the College Football Fix

Just when you think the college football world can't get any crazier, there's the story breaking lat

Campeones Cup final live updates: Columbus Crew vs. Club América winner, how to stream

The Columbus Crew have a chance to add another championship in a historic run under coach Wilfred Na