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Goldman Sachs announces $80m loss on WeWork investment

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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.

 

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Oh no😥

Better keep singing in Arctic Monkeys

Wait, you expect sympathy?

The cost of BS!

Rekt.

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