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Dubai News Club > Tech > The WeWork soap opera’s latest episode includes filing for bankruptcy
Tech

The WeWork soap opera’s latest episode includes filing for bankruptcy

Press Room
Last updated: 2023/11/07
Press Room
Published: November 7, 2023
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Co-working office space provider WeWork has filed for bankruptcy covering its locations in the US and Canada, and in a filing, it said it had liabilities of between $10 and $50 billion.

That paperwork revealed, all in one place, the following things: that Neumann was renting his own buildings to The We Company, that Neumann had secured loans from The We Company, and that to change its name to The We Company from WeWork, the company paid for naming rights from… Adam Neumann. It kind of…

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