Current：Home > StocksWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -Wealth Axis Pro
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2025-04-28 00:11:28
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！ (89111)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Meagan Good says 'every friend advised' she not date Jonathan Majors amid criminal trial
- Gen Z is experiencing 'tattoo regret.' Social media may be to blame.
- Arkansas couple charged with murder after toddler left in a hot vehicle dies, police say
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Police find missing Chicago woman's cell phone, journal in Bahamian waters
- Sen. Bob Menendez's lawyer tells jury that prosecutors failed to prove a single charge in bribery trial
- Sha’Carri Richardson will be on cover of Vogue: 'I'm better at being myself'
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Colorado got $2.5 million signing bonus to join Big 12; other new members didn't. Why?
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- A troubling first: Rising seas blamed for disappearance of rare cactus in Florida
- A gunman killed at a Yellowstone dining facility earlier told a woman he planned a mass shooting
- Influencer Summer Wheaton Involved in Malibu Car Crash That Killed Another Driver
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Kevin, Frankie Jonas on their childhood, 'Claim to Fame' Season 3
- Missouri man accused of imprisoning and torturing a woman for weeks indicted for murder
- BMW recalling more than 390,000 vehicles due to airbag inflator issue
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
How the Kansas City Chiefs Are Honoring Cheerleader Krystal Anderson 4 Months After Her Death
American mountaineer William Stampfl found mummified 22 years after he vanished in Peru
Horoscopes Today, July 9, 2024
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Amazon offering $20 credit to some customers before Prime Day. Here's how to get it.
Ariana Grande Claps Back at Haters Over Her Voice Change
Fed's Powell says labor market 'has cooled really significantly.' Are rate cuts coming?