WeWork’s Ex-CEO Neumann Slams Post-Bankruptcy Strategy, Calling Projections “Unsustainable”
Allwork
APRIL 29, 2024
Additionally, a group of WeWork bondholders has agreed to offer $112 million in financing. 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. Sherwood to reject the reorganization proposal.
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