Current：Home > StocksWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -Elevate Capital Network
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2025-04-14 07:31:45
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！ (98)
Related
- This was the average Social Security benefit in 2004, and here's what it is now
- Nicki Minaj cancels Amsterdam concert after reported drug arrest there last weekend
- About 1 in 3 Americans have lost someone to a drug overdose, new study finds
- From collapsed plea deal to trial: How Hunter Biden has come to face jurors on federal gun charges
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Jennifer Lopez cancels This is Me ... Now tour to spend time with family: I am completely heartsick
- 3 Beauty Pros Reveal How to Conceal Textured Skin Without Caking On Products
- Emma Chamberlain Celebrates Her High School Graduation at Age 23 With Heartwarming Photos
- Global Warming Set the Stage for Los Angeles Fires
- Police in Maryland search for registered sex offender in the death of a parole officer
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Real Housewives of Beverly Hills' Kyle Richards Shares Affordable Outdoor Entertaining Essentials
- Donald Trump’s attorney says he was shocked the former president took the verdict with ‘solemness’
- Mike Tyson-Jake Paul fight postponed due to Tyson’s ulcer flare-up
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Don't take Simone Biles' greatness for granted. We must appreciate what she's (still) doing.
- How Dance Moms’ Kelly Hyland Is Preserving Her Hair Amid Cancer Treatment
- From his Montana ranch, a retired lawmaker in a crowded House race is angling for a comeback
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Donald Trump’s attorney says he was shocked the former president took the verdict with ‘solemness’
LGBTQ+ Pride Month is starting to show its colors around the world. What to know
Square Books is a cultural hub in William Faulkner's home of Oxford, Mississippi
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Biden says Israel has extended new cease-fire proposal
Teen Mom's Maci Bookout Reveals How She and Ryan Edwards Finally Learned to Co-Parent
Ex-U.S. official says Sen. Bob Menendez pressured him to quit interfering with my constituent