Current：Home > MarketsWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -Ascend Finance Compass
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2025-04-13 15:11:45
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！ (9)
Related
- Questlove charts 50 years of SNL musical hits (and misses)
- Kylie Jenner's Extravagant Birthday Party for Kids Stormi and Aire Will Blow You Away
- U.S., U.K. launch new round of joint strikes on Houthi targets in Yemen
- Untangling the Rift Dividing Miley Cyrus, Billy Ray Cyrus and Their Family
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Super Bowl should smash betting records, with 68M U.S. adults set to wager legally or otherwise
- The head of FAA pledges to hold Boeing accountable for any violations of safety rules
- Gypsy Rose Blanchard to Explore Life After Prison Release in New Docuseries
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- California could legalize psychedelic therapy after rejecting ‘magic mushroom’ decriminalization
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Kansas City Chiefs' Travis Kelce at Super Bowl Opening Night: Taylor Swift is 'unbelievable'
- Tennessee governor’s budget plan funds more school vouchers, business tax break, new state parks
- Popular model sparks backlash for faking her death to bring awareness to cervical cancer
- $73.5M beach replenishment project starts in January at Jersey Shore
- Senate Republicans resist advancing on border policy bill, leaving aid for Ukraine in doubt
- Sailor missing more than 2 weeks arrives in Hawaii, Coast Guard says
- $1 million could be yours, if Burger King makes your dream Whopper idea a reality
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Donald Trump deploys his oft-used playbook against women who bother him. For now, it’s Nikki Haley
Ex-NFL quarterback Favre must finish repaying misspent welfare money, Mississippi auditor says
Score Heart-Stopping Luxury Valentine’s Day Gift Deals from Michael Kors, Coach, and Kate Spade
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Ryan Reynolds, Randall Park recreate 'The Office' bit for John Krasinksi's 'IF' teaser
The head of FAA pledges to hold Boeing accountable for any violations of safety rules
Could We Be Laughing Any Harder At This Jennifer Aniston and David Schwimmer Friends Reunion