WeWork's stock sank after the company cast doubt on its survival

, which should give it some breathing room The company will have to pay less in rent and may be able to avoid bankruptcy.

WeWork's stock sank after the company cast doubt on its survival

For a few years. The company's business has not recovered from the doldrums despite the return to normality. As companies abandoned office space and employees began to work remotely, the problem worsened. IWG is a provider of office space that counts Microsoft, Disney and HSBC as clients. WeWork is a perfect fit for the current market, given its size and our ability to scale. The market is also moving in our direction. Ben Samuels, chief financial officer at WeWork, to Yahoo! Sandeep Mathrani, who had been WeWork's CEO since 2020, was given the job of reviving the company after a failed IPO. Resigned less than one week later
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WeWork's rivals are trying to prove that they will not be the next WeWork