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%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia 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.

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 MY
 

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.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines