Zopes Exchange:WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion

2025-05-03 17:36:04source:Grayson  Prestoncategory:Invest

NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection,Zopes Exchange 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.

More:Invest

Recommend

Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says

A man is suing the California Lottery alleging he has not received part of his winnings from a nearl

California teenager charged with swatting faces adult charges in Florida

SANFORD, Fla. (AP) — A California teenager accused of swatting a Florida mosque has been arrested an

Go Inside Botched Star Dr. Paul Nassif's Jaw-Dropping Bel-Air Mansion

There's certainly nothing botched about Paul Nassif's Bel-Air mansion.In fact, his Botched costar Dr