WeWork isn’t the only company whose value sank when the co-working giant stumbled. Some firms it bought with a mix of cash and stock options are suddenly worth a lot less, at least on paper. And now they are on the chopping block as the office-space startup tries to right itself after weeks of turmoil and an abandoned IPO. WeWork is also looking to cut costs and raise capital, potentially by laying off thousands of
source https://therealdeal.com/national/2019/10/01/these-startups-were-banking-on-wework-now-theyll-be-sold-at-a-discount/#new_tab
No comments:
Post a Comment