Remove Company Remove Filing Remove Finance Remove Goals
article thumbnail

Creditors Pressure WeWork to Evaluate Neumann’s Flow Proposal During Bankruptcy Challenges

Allwork

WeWork, which entered Chapter 11 bankruptcy in November 2023 after enduring persistent financial difficulties for several years, is attempting to raise at least $400 million in fresh capital to support its exit from the bankruptcy process. Last month, the company stated that its eyeing May 31 as a goal/date to emerge from bankruptcy.

article thumbnail

WeWork’s Ousted Founder Hopes to Buy it Back

Allwork

It’s reported that Neumann and his latest venture, Flow Global , have expressed ongoing interest in buying WeWork, or its assets, in a potential bid to provide the much-needed financing to keep WeWork afloat. Neumann’s attorney, Alex Spiro claims WeWork has been ignoring attempts from Neumann to get further information.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

WeWork Noteholders Furious Over Lack Of Bankruptcy Progress

Allwork

The creditors criticize the company’s lack of engagement with potential financing sources and purchasers. Last month, the company stated that its eyeing May 31 as a goal/date to emerge from bankruptcy. The post WeWork Noteholders Furious Over Lack Of Bankruptcy Progress appeared first on Allwork.Space.

article thumbnail

WeWork Announces Plans for 89 New Lease Assumptions Across North American Markets

Allwork

A final confirmation hearing is scheduled for May 30, and it will officially determine the final exit plan — potentially allowing WeWork to emerge from bankruptcy on its goal of May 31. The post WeWork Announces Plans for 89 New Lease Assumptions Across North American Markets appeared first on Allwork.Space.

article thumbnail

4 Smart Money Moves to Plan for Financial Security

Success

That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. But it’s really no surprise that millennials have trouble dealing with their finances. Plus, an unsurprising majority of this age group feels stressed when thinking and talking about finances. Trust me: I get it.

article thumbnail

The Four Horsemen of the Mandated Return to Office

Allwork

Companies demanding employees return to the office for 3-5 days per week are dealing with resistance, attrition, quiet quitting and diversity issues. . Evidence shows that underrepresented groups are leaving employers who mandate a return to the office and are fleeing to more flexible companies. . No wonder that large U.S.

2022 341
article thumbnail

Are You Ready to Hire a Virtual Assistant?

Success

Allowing employees to work from home will definitely zap company culture and drain productivity. For established companies who rely on a remote workforce, like BELAY —a staffing company that provides virtual support teams—this rush of productivity is no surprise. A lot of what we serve into is overwhelm,” Sciortino says.

2021 218