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WeWork’s ‘substantial doubt’ about its...

NEW YORK: For the past four...

WeWork’s ‘substantial doubt’ about its future marks a stunning fall

NEW YORK: For the past four years, WeWork Inc has been trying to deliver a turnaround story — one in which the rowdy co-working startup transforms into a stable, profitable public company. It sloughed off Adam Neumann, its rambunctious co-founder and former chief executive officer, and replaced him with an industry veteran boasting a reputation of saving troubled real estate companies.WeWork was not saved, and the co-working company now says there’s “substantial doubt” it will even be able to stay in business.The New York-based company is bleeding cash,...

WeWork’s ‘substantial doubt’...

NEW YORK: For the past four years, WeWork Inc has been trying to deliver a turnaround story — one in which the rowdy...