WeWork Grapples with $122M Loss, Lease Rejections, and Ex-CEO’s Acquisition Offer
Allwork
APRIL 2, 2024
In a recent court filing, WeWork disclosed February 2024 financial statements revealing a $122 million monthly loss. As part of the company’s restructuring efforts, WeWork has been actively managing its real estate portfolio — renegotiating terms and, in many cases, rejecting leases within major markets around the world. According to a report published by BisNow , the company recently downsized four locations while revealing plans to reject a lease in Salt Lake City.
Let's personalize your content