Current：Home > FinanceWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion-DB Wealth Institute B2 Expert Reviews
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2024-12-24 10:44:24
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！ (41594)
Related
- ‘Heretic’ and Hugh Grant debut with $11 million, but ‘Venom: The Last Dance’ tops box office again
- Louisville officials mourn victims of 'unthinkable' plant explosion amid investigation
- Jennifer Hudson, Kylie Minogue and Billy Porter to perform at Macy’s Thanksgiving Parade
- Jimmy Kimmel, more late-night hosts 'shocked' by Trump Cabinet picks: 'Goblins and weirdos'
- Kyle Richards Swears This Holiday Candle Is the Best Scent Ever and She Uses It All Year
- Demure? Brain rot? Oxford announces shortlist for 2024 Word of the Year: Cast your vote
- Will Aaron Rodgers retire? Jets QB tells reporters he plans to play in 2025
- Amazon's 'Cross' almost gets James Patterson detective right: Review
- John Robinson, former USC Trojans and Los Angeles Rams coach, dies at 89
- Ex-Phoenix Suns employee files racial discrimination, retaliation lawsuit against the team
Ranking
- Avril Lavigne’s Ex Mod Sun Is Dating Love Is Blind Star Brittany Wisniewski, Debuts Romance With a Kiss
- US wholesale inflation picks up slightly in sign that some price pressures remain elevated
- Statue of the late US Rep. John Lewis, a civil rights icon, is unveiled in his native Alabama
- Diamond Sports Group can emerge out of bankruptcy after having reorganization plan approved
- Vikings' Camryn Bynum celebrates game-winning interception with Raygun dance
- NFL Week 11 picks straight up and against spread: Will Bills hand Chiefs first loss of season?
- What is best start in NBA history? Five teams ahead of Cavaliers' 13-0 record
- New York races to revive Manhattan tolls intended to fight traffic before Trump can block them
Recommendation
When do new episodes of 'Cobra Kai' Season 6 come out? Release date, cast, where to watch
Opinion: NFL began season with no Black offensive coordinators, first time since the 1980s
Tesla issues 6th Cybertruck recall this year, with over 2,400 vehicles affected
More than 150 pronghorns hit, killed on Colorado roads as animals sought shelter from snow
Megan Fox and Machine Gun Kelly are expecting their first child together
Two 'incredibly rare' sea serpents seen in Southern California waters months apart
Mother of Man Found Dead in Tanning Bed at Planet Fitness Gym Details His Final Moments
Skiing legend Lindsey Vonn ends retirement, plans to return to competition