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Page 5 - Sam Chandan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

WeWork seeks bankruptcy protection in stunning fall for a company once valued close to $50 billion

NEW YORK WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people.

Once the darling of disruptive tech, WeWork files for Chapter 11 protections

Back in 2019, WeWork was valued at $47 billion and was headed for a blockbuster IPO. Then everything changed.

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