WeWork Files For Bankruptcy, Shaking Coworking Industry
Allwork
NOVEMBER 7, 2023
The bankruptcy documents, filed in New Jersey, note more than $18 billion in debt. Adam Neumann, the charismatic founder who was ousted as WeWork’s CEO in 2019, also attempted to negotiate a potential investment of up to $1 billion and a debt buyback with Mathrani this year. filed for Chapter 11 bankruptcy protection in the U.S.
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