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WeWork files for bankruptcy: How the company tumbled after a valuation of $47B in 2019

Por: Fox Business Business November 07, 2023

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Thor Equities CEO Joe Sitt discusses what a sharp drop in commercial real estate could mean for banks on Varney & Co. WeWork filed for Chapter 11 bankruptcy protection on Monday, ending months of speculation that the office-sharing company was on the edge of collapse and marking a spectacular fall for a firm once valued at nearly $50 billion. The news signals the end of what has been the company's yearslong, tumultuous, cash-burning quest... + full article



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