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WEWORK BANKRUPTCY
From bankruptcy to a workplace reset: WeWork CEO explains dress code, work-from-home rules helped rebuild work culture in companyIn a fresh initiative, John Santora has rolled out a dress code for employees who work from home one day per week. This strategic change ai...- OpenAI’s IPO dream may shatter with distress sale to MSIn a recent discussion, Gary Marcus raised critical flags about OpenAI's fiscal responsibilities as the stock market faces instability. He ...
- WeWork Global sells 2.5% stake in WeWork India Management for Rs 244 croreWeWork Global has divested a 2.5% stake in WeWork India for Rs 244 crore, bringing its ownership down to 12.3% from 14.82%. Despite this st...
- WeWork's India franchise files for Mumbai IPOThe Indian franchisee of U.S. shared office space manager WeWork has filed for an initial public offering in Mumbai, draft papers filed by ...
- WeWork spurns Adam Neumann, finalises new overhaul dealWeWork has struck an agreement with senior lenders, who have agreed to provide the business with roughly $450 million in Chapter 11 and exi...
- WeWork founder Adam Neumann trying to buy back company: reportThe news comes a day after an attorney for WeWork said the company may be forced to take a new bankruptcy loan to make up for the slower-th...
- WeWork not keen to sell India unit stake but talks still onWeWork Inc. has refused to buy back its 27% stake in WeWork India, which is owned by the Embassy Group. The company sought insolvency prote...
- SoftBank books another quarterly loss; takes major hit due to WeWork bankruptcyIts Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, having made a 160 billio...
- WeWork seeks permission to begin canceling leases in bankruptcyThe Softbank-backed office space-sharing company filed for bankruptcy protection in Newark, New Jersey, bankruptcy court on Monday, seeking...
- Mamaearth parent's muted market debut, early investors clock gains; Xpressbees bags $80 millionHonasa Consumer had a rather flat debut on the stock markets today, opening at a 2% premium to its issue price. This and more in today’s ET...
- Explained: Why WeWork failed, and what is nextWeWork was once the most valuable US startup, worth $47 billion. It courted investments from blue-chip investors, including SoftBank and ve...
- WeWork India says business not affected by US bankruptcyThe Chapter 11 filing will not impact WeWork India’s members and stakeholders, the company said in a statement on Tuesday, adding that it w...
- WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billionWeWork is also requesting the "ability to reject the leases of certain locations," which the company says are largely non-operational, as p...
- WeWork India's operations remain unaffected, as company files for bankruptcy in the USWeWork and certain of its entities filed for protection under Chapter 11 of the US Bankruptcy Code. The company said its locations outside ...
- SoftBank’s WeWork, once valued at $47 billion, files for bankruptcyWeWork, the SoftBank Group -backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protect...
- WeWork Global's bankruptcy won't impact India unit, says regional CEO Karan VirwaniWeWork India currently has about 6.5 million sq ft of assets signed across 50 locations in seven cities-New Delhi, Gurgaon, Noida, Mumbai, ...
- WeWork India says no impact on Indian biz amid reports of potential bankruptcy of WeWork GlobalWeWork India, a separate entity from WeWork Global, has stated that the potential bankruptcy filing by WeWork Global will not impact its op...
- WeWork plans to file for bankruptcy as early as next week- WSJWeWork plans to file for bankruptcy as early as next week- WSJ
- WeWork's future: What to know after the company sounds the alarm on its ability to stay in businessOn Friday, the company announced that it would be moving forward with a 1-for-40 reverse stock split in a bid to maintain its listing on th...
- WeWork India says not impacted by US-based WeWork Global's bankruptcy warningWhile announcing its quarterly result, WeWork said, "...as a result of the company's losses and projected cash needs, combined with increas...
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