Current：Home > MarketsWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -Secure Horizon Growth
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2025-04-11 21:21:36
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！ (57)
Related
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- A Pine Bluff attorney launches a bid for a south Arkansas congressional seat as filing period ends
- 'Super Mario RPG' updates a cult classic from the creators of 'Final Fantasy'
- Global hacker investigated by federal agents in Puerto Rico pleads guilty in IPStorm case
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Suspicious letter prompts Kansas to evacuate secretary of state’s building
- Dutch court orders company to compensate 5 Iranian victims of Iraqi mustard gas attacks in the 1980s
- Donald Trump’s lawyers focus on outside accountants who prepared his financial statements
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Police say a US tourist died when a catamaran carrying more than 100 people sank in the Bahamas
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- US Catholic bishops meet; leaders call for unity and peace amid internal strife and global conflict
- Rio de Janeiro mayor wants to project Taylor Swift T-shirt on Jesus Christ statue
- Three arrested in a shooting at a Texas flea market that also killed a child and wounded 4 others
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- It took Formula 1 way too long to realize demand for Las Vegas was being vastly overestimated
- Colorado supermarket shooting suspect pleads not guilty by reason of insanity
- BBC says 2 more people have come forward to complain about Russell Brand’s behavior
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
Adam Johnson Death Investigation: Man Released on Bail After Arrest
At the UN’s top court, Venezuela vows to press ahead with referendum on future of disputed region
Three arrested in a shooting at a Texas flea market that also killed a child and wounded 4 others
Meta donates $1 million to Trump’s inauguration fund
GM autoworkers keep voting 'no' on record contract, imperiling deal
Gwyneth Paltrow says her husband is similar to late Bruce Paltrow: 'I finally chose my dad'
Watch One Tree Hill’s Sophia Bush and Hilarie Burton Recreate Iconic Show Moment