WeWork, the beleaguered coworking startup which has a substantial presence in the Triangle and Charlotte, has filed for bankruptcy protections in federal court.
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WeWork’s stock plunged more than 20% on Tuesday after the company said a day earlier that it would not make two sets of interest payments totaling more than $95 million. The coworking space company has major operations in the Triangle and Charlotte.
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Coworking giant WeWork, which has a significant presence in Raleigh, Durham and Charlotte, has a new strategy to stay alive: Renegotiate its leases. Here are the details.
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WeWork has sounded the alarm on its ability to stay in business, prompting speculation around the future of the troubled workspace-sharing company. Will its latest move help?
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WeWork, which has operations in the Triangle and Charlotte, has sounded the alarm on its ability to stay in business, prompting speculation around the future of the troubled workspace-sharing company.
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The future of WeWork – which operates coworking hubs in Raleigh, Durham and Charlotte, is uncertain, according to the company.
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Nearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the company public, he is said to once again be in charge of a billion-dollar real estate startup.
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Triangle coworking locations are in high demand. It’s not just freelancers – companies are planning to add lots more flex space, too.
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WILIMINGTON & RALEIGH – WeWork (NYSE: WE) will buy Common Desk, which operates two North Carolina coworking and flexible workspace locations, one in Wilmington, and a soon-to-open location in Raleigh. Common Desk is headquartered in Dallas, Texas, and also manages locations in Houston and Austin. WeWork manages facilities at One...
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