WeWork's filing for bankruptcy would mark a stunning reversal of fortune for the New York-based company that was privately valued at $47 billion in 2019 and a black spot for investor SoftBank that sunk billions.

WeWork plans to file for bankruptcy as early as next week, source says::WeWork's filing for bankruptcy would mark a stunning reversal of fortune for the New York-based company that was privately valued at $47 billion in 2019 and a black spot for investor SoftBank that sunk billions.

  • 5BC2E7@lemmy.worldEnglish
    51·
    1 year ago

    I never understood what type of value something like this adds. seems pointless and wasteful.