By Bansari Mayur Kamdar (Reuters) -Bankruptcy filings by U.S. companies this year are on track to hit their highest since the pandemic, amid high interest rates and sticky inflation, with …
wework
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(Reuters) – Shared office space provider WeWork Inc has appointed insider Claudio Hidalgo as chief operating officer, the company said on Tuesday. Hidalgo served as the company’s COO Americas between …
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(Reuters) – Office rental firm IWG said on Tuesday it will resume regular dividend payouts and set a medium-term core profit target of $1 billion, betting on permanent hybrid work …
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(Reuters) -Flexible workspace provider WeWork sought U.S. bankruptcy protection on Monday, crippled by a large debt pile and soaring losses due to lower demand for office space from cost-conscious customers. …
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(Reuters) – IWG is looking at acquiring more of collapsed rival WeWork’s sites, the office rental firm’s top boss Mark Dixon confirmed on Tuesday. The news comes a day after …
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BEIJING (Reuters) – WeWork China will not participate in the strategic reorganisation of WeWork in the United States and Canada, it said on Tuesday. WeWork China is not a branch …
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(Reuters) – WeWork’s Chief Operating Officer Anthony Yazbeck will step down from his role and also as president on Oct. 20, the company said on Thursday, days after it named …
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(Reuters) – KKR & Co on Monday added former finance chief of office-sharing startup WeWork, Kimberly Ross, to the company’s board. The private equity firm said Ross’s appointment as the …
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(Reuters) – A group of wall street funds which lent cash to WeWork is exploring the possibility of a bankruptcy filing, the Wall Street Journal reported on Thursday citing people …
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(Reuters) – The New York Stock Exchange (NYSE) has suspended trading in WeWork’s warrants due to “abnormally low” trading price levels and will initiate proceedings to delist them, the flexible …
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(Reuters) – WeWork Inc said on Tuesday that it had received a non-compliance notice from the New York Stock Exchange, as its stock traded below $1 over a 30 day …
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(Reuters) – Shares of IWG fell 18% on Tuesday to their lowest since March 2020, as the office rental group’s first-half results failed to impress analysts who are expecting rising …
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(Reuters) – Flexible workspace provider WeWork Inc on Thursday appointed Andre Fernandez as its chief financial officer (CFO), replacing Benjamin Dunham. Fernandez, who most recently served as the CFO and …
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By Aby Jose Koilparambil – Office rental company IWG said it would merge its digital assets with flexible workspace platform The Instant Group, as office space providers benefit from the …