WeWork Announces Substantial Progress in Real Estate and Financial Restructuring

NEW YORK--(BUSINESS WIRE)--WeWork announced today it has determined a final path forward at 90% of the locations in its global real estate portfolio through amended leases, new management agreements, or via the lease rejection process. This represents a significant milestone in WeWork’s global restructuring. Following a thorough evaluation of the short- and long-term economic viability of over 500 WeWork wholly owned locations, in September 2023 the Company kicked off a comprehensive process of