this post was submitted on 01 Nov 2023
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WeWork plans to file for bankruptcy as early as next week, source says::WeWork's filing for bankruptcy would mark a stunning reversal of fortune for the New York-based company that was privately valued at $47 billion in 2019 and a black spot for investor SoftBank that sunk billions.

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[–] 5BC2E7@lemmy.world 4 points 10 months ago

I never understood what type of value something like this adds. seems pointless and wasteful.