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Friday, July 19, 2024

WeWork goes from a $47B valuation to ‘substantial doubts’ about its ‘ability to continue as a going concern’

WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges for years now, and with so many companies …

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