WeWork: Shares slide as it raises 'substantial doubt' over future:
bbc.com/news/business-66446718
Quick Glance: WeWork: Doubts about Future Lead to Slide in Shares
- WeWork, backed by Softbank, is hit hard by the pandemic as social distancing rules force people to work from home.
- In a statement, WeWork acknowledges challenges including softer demand and a "difficult" operating environment.
- The company expresses "substantial doubt" about its ability to continue.
- WeWork plans to reduce rental costs and limit capital expenditures.
Story Details
| Last Updated | Aug 13 23 |
| Total Articles | 78 |
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