The following statement was issued from WeWork co-founder Adam Neumann: “As the co-founder of WeWork who spent a decade building the business with an amazing team of mission-driven people, the company’s anticipated bankruptcy filing is disappointing. It has been challenging for me to watch from the sidelines since 2019 as WeWork has failed to take advantage of a product that is more relevant today than ever before. I believe that, with the right strategy and team, a reorganization will enable WeWork to emerge successfully.”
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- WeWork (NYSE:WE) Files for Bankruptcy in the U.S. After Failed Turnaround Efforts
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- WeWork (NYSE:WE) Nears Bankruptcy as Losses Mount, Stock Drops 42%
- WeWork to file for bankruptcy as soon as next week, WSJ reports
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