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WeWork has emerged from bankruptcy. What’s next?

Wyatte Grantham-Philips

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WeWork has officially emerged from bankruptcy. All eyes are on whether its new leadership can guide the long-embattled provider of co-working office space to success.

Once a Wall Street darling that promised to revolutionise the world of work, WeWork took a stunning – but anticipated – fall last November when it filed for Chapter 11 bankruptcy protection. Early overexpansion shackled the firm with mounting debt and unsustainable real estate costs, and the New York-based company turned to restructuring in an attempt to resurrect its business.

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    Original URL: https://www.afr.com/property/commercial/wework-has-emerged-from-bankruptcy-what-s-next-20240617-p5jmgc