National
Short sellers make their move on WeWork
Short sellers have piled onto WeWork as the coworking firm failed to deliver on promises of turning a profit in its first full year as a publicly traded company. Investors held short positions on...
WeWork
WeWork, also known as We Company, is a co-working organization known to provide space for start-ups, tech companies, and more.
Headquartered in: New York, New York
Founded in: 2010
Founded by: Adam Neumann and Miguel McKelvey
WeWork Q&A
Where is WeWork located?
Founded in SoHo and headquartered in Mahattan, WeWork owns and leases co-working hundreds of spaces across the world. It has been recorded as managing over 40 million square feet of space.
What does WeWork do?
WeWork leases spaces to co-working spaces to companies and individuals across the world. Users can rent private offices, desks, or common area access, usually on a monthly basis. In 2019 the company changed its official title to We Company. The company has started a number of other ventures, including co-living company WeLive, private school WeGrow, and luxury gym Rise by We.
Want to know more about WeWork?
Check out our Top Stories below for TRD's most up-to-date coverage of WeWork and We Company.
WeWork Top Stories
September 20, 2019—The head of WeWork’s real estate investment fund has left the company, the latest in a string of recent high-level departures at the embattled co-working giant.
September 19, 2019—WeWork CEO Adam Neumann envisions his company as bigger than co-working. But his side businesses have struggled.
September 17, 2019—WeWork’s Sarah Pontius, global head of real estate partnerships, is leaving the company as it endures turmoil over its IPO.
September 16, 2019—WeWork’s parent company is planning to shelve its IPO for at least a month, according to The Wall Street Journal
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