WeWork lost billions in the first half of this year due to macroeconomic factors lowering demand for its shared office spaces.
The fate of the New York-based company depends on the “successful execution of management’s plan to improve the company’s liquidity and profitability”, it said in the filing. WeWork’s share price has been below a dollar for months and fell to 16 cents in after-market trading on Tuesday.
France Dernières Nouvelles, France Actualités
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