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Wework files for bankruptcy

In August, WeWork raised “substantial doubt” about its ability to continue operations. At the time, the company said in a statement that it faced challenges including softer demand and a “difficult” operating environment. It has also seen the exit of several top executives this year, including chief executive and chairman Sandeep Mathrani. The firm was once seen as the future of the office. But it has been plagued by problems, including a disastrous attempt in 2019 to sell shares to the public and the exit of its co-founder. The company was also hit hard by the pandemic, as more people started working from home. Troubled office-sharing firm WeWork may file for bankruptcy as early as next week. Is the wework Idea still the future of working ?

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