NewsBite

WeWork still on life support, must cut costs fast to survive

New York | SoftBank may be rescuing WeWork with a $US9.5 billion ($13.8 billion) cash injection but most rivals say they believe the office space sharing company is still in critical condition.

They say for Manhattan-based WeWork to survive it will need to slash costs and balance-sheet risk quickly, and without scaring off customers.

Loading...

Reuters

Read More

Latest In Commercial

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/commercial/wework-still-on-life-support-must-cut-costs-fast-to-survive-20191106-p537ye