WeWork's $50 Billion Valuation to Bankruptcy: What Went Wrong?

2023 • 7min • News • Business


Published On: November 08, 2023 - WeWork, the global coworking spaces giant, has filed for Chapter 11 bankruptcy protection in the US court. The company, which was once valued at about $47 bn, sought permission to terminate leases for specific locations that are mostly inactive. However, as far as India is concerned, the company's CEO has said that the Indian business will not be impacted in any manner. Join News9's Shweta Kothari and Kartik Malhotra for more updates on this story.