Current：Home > reviewsWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -Streamline Finance
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2025-04-25 11:18:29
NEW YORK (AP) — 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 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.
veryGood！ (27981)
Related
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- How Alex Jones’ Infowars wound up in the hands of The Onion
- Reese Witherspoon's Daughter Ava Phillippe Introduces Adorable New Family Member
- Today's Craig Melvin Replacing Hoda Kotb: Everything to Know About the Beloved Anchor
- Travis Hunter, the 2
- Kyle Richards Swears This Holiday Candle Is the Best Scent Ever and She Uses It All Year
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Good Try (Freestyle)
- Tesla issues 6th Cybertruck recall this year, with over 2,400 vehicles affected
- Big Lots store closures could exceed 300 nationwide, discount chain reveals in filing
- Today's Craig Melvin Replacing Hoda Kotb: Everything to Know About the Beloved Anchor
Ranking
- British swimmer Adam Peaty: There are worms in the food at Paris Olympic Village
- Jason Kelce Offers Up NSFW Explanation for Why Men Have Beards
- Advocacy group sues Tennessee over racial requirements for medical boards
- Advocacy group sues Tennessee over racial requirements for medical boards
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison
- New Pentagon report on UFOs includes hundreds of new incidents but no evidence of aliens
- The Fate of Hoda Kotb and Jenna Bush Hager's Today Fourth Hour Revealed
Recommendation
Tropical weather brings record rainfall. Experts share how to stay safe in floods.
Craig Melvin replacing Hoda Kotb as 'Today' show co-anchor with Savannah Guthrie
Democrat Janelle Bynum flips Oregon’s 5th District, will be state’s first Black member of Congress
Satire publication The Onion acquires Alex Jones' Infowars at auction
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Jake Paul's only loss led him to retool the team preparing him to face Mike Tyson
Wisconsin agency issues first round of permits for Enbridge Line 5 reroute around reservation
Jason Kelce Offers Up NSFW Explanation for Why Men Have Beards