Goldman Sachs announces $80m loss on WeWork investment

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Loss in office rental company, which is expected to lay off 2,000 workers imminently, contributes to 26% drop in profits from a year ago

Goldman Sachs has so far lost $80m on its investment in WeWork, the troubled office rentals group, the bank said on Tuesday. The loss contributed to a 26% drop in profits from a year ago.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oh no😥

Better keep singing in Arctic Monkeys

Wait, you expect sympathy?

The cost of BS!

Rekt.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in CA

Canada Canada Latest News, Canada Canada Headlines