WeWork completes UK/Ireland restructuring, reducing office count from 50 to 40 due to Chapter 11 bankruptcy.
WeWork has completed its restructuring in the UK and Ireland, reducing its office count from 50 to 40. The company, which filed for Chapter 11 bankruptcy protection in the US in November, says it will not repeat past mistakes. The office sharing firm has been taking drastic action to eliminate unprofitable co-working spaces and renegotiate leases on those it wishes to retain.
June 04, 2024
18 Articles