American commercial real estate company WeWork reported its first quarterly report this week since becoming a public company. The company reported that total revenue for the third quarter was $661 million, an increase of 11% from the previous quarter. WeWork also reported a net loss of $4.54 a share, representing an improvement from the loss … Continue reading “WeWork Reports First Financial Report Since Going Public”
Tag: WeWork
WeWork Makes its Debut on Wall Street After SPAC Merger
Shares of WeWork were soaring on Thursday after the company made its long awaited debut…
October 22, 2021
Company News
Under Proposed Settlement SoftBank to Buy About 25% of Adam Neumann’s Stake in WeWork
Wall Street has learned that WeWork Co-founder Adam Neumann and SoftBank Group Corp. are nearing…
February 23, 2021
WeWork Directors are Working Hard to Be Able to Sue Softbank
A special committee of WeWork board members have filed a motion on Monday that would…
May 11, 2020
SoftBanks Pulls $3 Billion Tender Offer for WeWork Shares
SoftBank announced this week that it has terminated its $3 billion tender offer for WeWork…
April 3, 2020
WeWork to Fire 2,400 of its Employees
Strugging office-sharing start up WeWork has said it is laying off 2,400 employees in an…
November 23, 2019
Featured
T-Mobile CEO John Legere May Not Become WeWork’s New CEO
According to sources who spoke to CNBC, T-Mobile's Chief Executive John Legere is not going…
November 16, 2019
This is How Much WeWork Lost in Q3
Struggling commercial real estate company WeWork has informed investors this week that it has lost…
November 14, 2019
Hot Stocks
This Well Known Executive May Be a Candidate to Take over WeWork
The CEO of T-Mobile, John Legere, could soon become the next CEO of WeWork. According…
November 12, 2019
SoftBank Reports Huge Vision Fund Loss
According to Softbank's CEO Masayoshi Son, his investment judgement was poor after the company revealed…
November 7, 2019
Ex-WeWork CEO is Accused of Some Pretty Shameful Things
Ex-WeWork CEO Adam Neumann, who was recently ousted for the company, is being accused of…
November 1, 2019
Softbank Could Soon Be Taking Control of Struggling Startup WeWork
WeWork, which was once expected to be a Sillicon Valley darling on Wall Street, may…
October 22, 2019
Yale Professor Says This CEO Would be The “Perfect Guy” to Replace WeWork’s CEO
According to Jeffrey Sonnenfeld, an academic, Lester Crown Professor in the Practice of Management at…
September 25, 2019
SoftBank Is Reportedly Asking WeWork to Shelve its IPO For This Reason
SoftBank, which is the biggest outside investor of co-working company WeWork, is urging the startup…
September 10, 2019