“This financing package enables the company to accelerate the path to profitability,” Marcelo Claure, WeWork’s new executive chairman, said in a statement.
Troubled office rental company to lay off 13% of its workforce to try to staunch massive losses – and few believe the cuts will stop there
As businesses look to save money and space, providers such as WeWork are booming. But co-working is not all it’s cracked up to be
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