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：2025-04-19 05:44:13
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！ (972)
Related
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Tesla recalls nearly 200,000 vehicles over faulty backup camera
- World's first rhino IVF pregnancy could save species that has only 2 living animals remaining
- Indianapolis police fatally shoot man wanted on a warrant during an exchange of gunfire
- New data highlights 'achievement gap' for students in the US
- Many Costa Ricans welcome court ruling that they don’t have to use their father’s surname first
- Lauren Boebert’s ex-husband charged after 2 domestic incidents
- Russian man who flew on Los Angeles flight without passport or ticket found guilty of being stowaway
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- New England Patriots WR Kayshon Boutte charged in illegal sports gaming scheme
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Mail freeze: Latest frigid weather is adding to the postal service's delivery woes
- A bride was told her dress would cost more because she's Black. Her fiancé won't stand for it.
- A day after Trump testifies, lawyers have final say in E. Jean Carroll defamation trial
- Questlove charts 50 years of SNL musical hits (and misses)
- Divers discover guns and coins in wrecks of ships that vanished nearly 2 centuries ago off Canada
- Tesla recalls nearly 200,000 vehicles over faulty backup camera
- Pregnant Jenna Dewan Showcases Baby Bump in Lace Dress During Date Night With Fiancé Steve Kazee
Recommendation
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Man arrested outside Taylor Swift’s NYC home held without bail for violating protective order
Love Is Blind's Alexa Lemieux Is Pregnant, Expecting First Baby with Husband Brennon
Winter Skincare From Kiehl's, Peter Thomas Roth & More That'll Bless Your Dry Skin From Head to Toe
Travis Hunter, the 2
Vince McMahon accused of sex trafficking, assault of former WWE employee he paid for NDA
Texas woman's financial woes turn around after winning $1 million in online scratch-off
A British painting stolen by mobsters is returned to the owner’s son — 54 years later