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Wework, formerly valued at 47 billion, goes bankrupt...
Episode 276
Wework, formerly valued at 47 billion, goes bankrupt...
As you've no doubt heard, Wework has finally announced bankruptcy...
Does this mean they're going out of business?
Do Wework subscribers lose their right to use the buildings?
Jonathan Léveillé and I discuss this and more for about thirty minutes.
Enjoy!
Sources:
- https://www.wsj.com/articles/wework-files-for-bankruptcy-5cd362b5
- https://www.businessinsider.com/wework-files-for-bankruptcy-chapter-11-commercial-real-estate-reckoning-2023-11
- https://www.nytimes.com/2023/10/02/business/wework-misses-interest-payments.html
- https://www.theguardian.com/business/2003/jan/15/money
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