WeWork is in talks to unload one of its business units at a major discount as the co-working company struggles to get back on track. According to Bloomberg, talks are underway to sell Managed by Q, an office-management platform, for less than $55 million — only eight months after reportedly paying $220 million for the company. The acquisition was led by former WeWork CEO Adam Neumann, who wanted to diversify his business. Neumann stepped down
source https://therealdeal.com/2019/12/19/wework-plans-to-sell-managed-by-q-at-major-loss/
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