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Things are not working out for WeWork

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ByQuartz Staff
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WeWork teetered on the brink of bankruptcy for years
Image: Kate Munsch (Reuters)

The Weekend Brief offers analysis and insights on one big news item of the week, delivered only to Quartz members.

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Suggested Reading

Warren Buffett says don't worry about all the cash Berkshire Hathaway is hoarding
Microsoft's quantum breakthrough, Elon Musk's X turnaround, and Apple's new iPhone: Tech news roundup
Bitcoin's creator, Intel and TSMC, cruise stocks sink, and Dogecoin mania: Markets news roundup
Amazon takes creative control of the James Bond movie franchise
Subtitles
  • Off
  • English

WeWork has filed for protection under Chapter 11 of the US Bankruptcy Code. The coworking startup, once worth $47 billion and Softbank’s darling, has started a massive reorganization to bolster its capital structure and financial performance.

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Things are not working out for WeWork
WeWork's stock sank after the company cast doubt on its survival

Tomorrow, the Weekend Brief will look at WeWork’s years-long fall from grace and how the company is looking to improve its balance sheet.

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