Tag Archives: David Tolley

Troubled WeWork projects savings of $8B through restructured leases

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The bankrupt provider of co-working spaces is aiming to emerge from chapter 11 bankruptcy before June through the restructuring of hundreds of leases, company executives said Tuesday. Continue reading →

‘Substantial doubt’ that WeWork can stay afloat, company says

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By WeWork’s own admission, it is unlikely to last as a company much longer. In order to survive, an earnings report said it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital through debt or eq… Continue reading →