WeWork’s Ex-CEO Neumann Slams Post-Bankruptcy Strategy, Calling Projections “Unsustainable”
Allwork
APRIL 29, 2024
The company has also been renegotiating leases with landlords to reduce its lease burden , which it still identifies as the most significant obstacle to achieving profitability. Neumann could further challenge the proposal, but his offer would need support from many of these senior lenders. However, everything is not set-in-stone.
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