WeWork CEO says company on track to be profitable by end of year

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In an interview during the ReutersNext conference, WeWork CEO Sandeep Mathrani said he expects many Americans will still want to work in an office environment

- WeWork Chief Executive Sandeep Mathrani said Wednesday the co-working firm is “completely on track” to reach profitability by the fourth quarter of this year, and its office spaces in China have nearly bounced back to pre-pandemic levels.

In an interview during the Reuters Next conference, Mathrani told Reuters Global Industry Editor Vanessa O’Connell he expects many Americans will still want to work in an office environment despite the ongoing pandemic.

 

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