WeWork says it is back on track to profits: Financial

WeWork says it is back on track to profits: Financial Times

Japan Today

Published 13 Jul 2020

Troubled office-sharing start-up WeWork is set to have a positive cash flow by next year, its executive chairman told the Financial Times on Sunday, hailing a turn-around for…

Full Article

WeWork says it is back on track to profits: Financial Times

WeWork says it is back on track to profits: Financial Times

You might like

Related news coverage

Dow slides 226 points as record GDP plunge offsets pre-earnings tech rally

Wall Street traders have been minting record profits. But bonus season is already shaping up to be a giant disappointment.

WeWork is looking to pull off a huge turnaround. Here's the latest on key enterprise deals at the coworking giant.

Goldman's secret weapon — Deutsche Bank trader exodus — WeWork's empty space

FTSE 100 wallows in the red; travel sector under renewed pressure after UK imposes quarantine on travellers from Spain

Advertisement

More coverage

From iconic city headquarters to WeWork deals, here's how financial giants are thinking about the future of their real estate (WFC)

Leaked marketing documents show WeWork is looking to fill 2 million square feet of vacancies in New York City, its biggest market. Here's what's sitting empty.

Office rental startup Knotel bragged it was a nearly-profitable, anti-WeWork. Now lawsuits are stacking up. 12 insiders reveal what happened to the $400 million Knotel said it raised last year.

WeWork says it's a year closer to profitability than previously planned thanks to 8,400 job cuts

WeWork Chairman Confirms Positive Cash Flow Is Due in 2021, Year Ahead of Schedule