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Bengaluru Sees 28 pc Fall In Office Demand In Jul-Sep; New Supply Too Dips 25 pc

Bengaluru Sees 28 pc Fall In Office Demand In Jul-Sep; New Supply Too Dips 25 pc
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WeWork goes from a $47B valuation to 'substantial doubts' about its 'ability to continue as a going concern'

WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges for years now, and with so many companies abandoning office space and more people being able to work remotely, demand for its co-working spaces has steadily declined over time. ....

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