Adam Neumann wants to buy back WeWork – five years after stepping down as CEO
The former WeWork CEO previously resigned after the company valued at $47 billion failed to produce a successful IPO.
WeWork
WeWork files for bankruptcy but founder Adam Neumann is still a billionaire
Adam Neumann’s net worth was last valued at US$2.2 billion by Forbes, as the company he co-founded, WeWork, files for Chapter 11 bankruptcy in New Jersey. Co-working start-up WeWork was founded in 2010, and revolutionised the concept of office-space for freelance, remote and self-employed workers. The business, which was once valued at US$47 billion, last […]
WeBankrupt: 15 notable companies to go under since 2022
WeWork joins the likes of Bed Bath & Beyond and SVB Financial as headlines of the busiest year for corporate bankruptcies since 2020.
WeWork will renegotiate ‘nearly all leases’—after warning it may go out of business
The news of lease renegotiation comes a month after executives said the future of the company was uncertain.
$47 billion to $280 million: What went wrong at WeWork?
A day after office co-working start-up WeWork revealed there was “substantial doubt” about its ability to continue, its share price has dropped again. But how did it get here?