Tuesday, October 3, 2023

WeWork misses $95 million in interest payments

WeWork has chosen not to make two interest payments totaling $95 million, in an effort to kick-start negotiations with its lenders and reduce costs with landlords. Although this move may prompt speculation of a potential bankruptcy filing, WeWork claims to have enough cash on hand.

from Tech-Economic Times https://ift.tt/uEg6VIa

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