Shares of WeWork Inc. plummeted after hours on Tuesday after a report that the once-hot co-working-space provider plans to file for bankruptcy protection as early as next week.
The news, reported by the Wall Street Journal on Tuesday, comes after the convulsions to office work and the commercial real estate market following the pandemic, and after WeWork’s WE once lofty vision for a new workplace culture collapsed under questions about its finances and corporate structure.
The…
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