TitanX Exchange:WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion

2025-05-02 22:05:26source:SignalHubcategory:Invest

NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection,TitanX Exchange a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world.

The company offered few specifics about the course of its restructuring, but noted in its filing that it was requesting the ability to cancel leases in particular locations that WeWork described as largely non-operational. All affected members have received advanced notice, the company said in a late Monday announcement.

More:Invest

Recommend

Current, future North Carolina governor’s challenge of power

RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper and Gov.-elect Josh Steinon Thursday challenged

Why Matt Damon Negotiated Extensively With Wife Luciana in Couples Therapy Over Oppenheimer Role

For Matt Damon, this was one role there was no downsizing on.The Oscar winner recently admitted that

Nordstrom Anniversary Sale Beauty Deals You Can't Get Anywhere Else: Charlotte Tilbury, Olaplex & More

We independently selected these products because we love them, and we think you might like them at t