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The troubled coworking startup added about 184,000 square feet of new space, a 93% drop from its average in the past four quarters, CBRE data showed.
WeWork's cofounder and former CEO reportedly holds a stake in the business that could be worth hundreds of millions.
SoftBank’s $9.5 billion bailout of WeWork hits a hurdle as Japanese banks are worried about funding it
"SoftBank is an important client so we want to do everything we can to help, but we have to consider our credit risk."
‘I rejected the idea at first’ — WeWork’s new interim marketing chief, Maurice Lévy, reportedly wasn’t eager to tak...
The 77-year-old Publicis chairman only plans to stay in the role for a "maximum of a few months," he told the Financial Times.
‘Rigged and corrupt’ — Elizabeth Warren blasted Adam Neumann’s $1.7 billion golden parachute after WeWork announced job cuts
The Democratic presidential candidate criticized the WeWork cofounder and former CEO's lavish leaving package.
Adam Neumann’s $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal
Some SoftBank executives have said the WeWork cofounder's exit package is too generous, Bloomberg reported.
‘Thank you, WeWork’ — 2 of the coworking startup’s biggest rivals are cashing in after its public meltdown
"Landlords are considering going in our direction that maybe weren't before," CBRE boss Robert Sulentic told analysts this month.
‘Masa is a Jedi’ — Adam Neumann reportedly compared WeWork to Amazon on the advice of SoftBank’s Son
Neumann reportedly hoped the comparison to the $900 billion company would make WeWork's astronomical valuation look affordable.
SoftBank is reportedly holding up a big chunk of its $9.5 billion bailout of WeWork — and it’s causing ‘lots of anxiety’
Worried investors bid down the price of WeWork's junk bonds, driving their yield and spread to record highs.
The ride-hailing and coworking startups are "innovators" but they might not dominate the industries they've transformed.