WeWork says it won’t be hitting its targets this year because of the coronavirus. In a letter to bondholders, CEO Sandeep Mathrani and Executive Chairman Marcelo Claure wrote they no longer expect to meet their 2020 targets, Bloomberg reported. “We are in the process of reviewing and reevaluating the previously disclosed forward-looking information related to our other interim targets,” the executives wrote. According to the letter, WeWork’s revenue rose 90 percent in 2019 to $3.5
source https://therealdeal.com/2020/03/27/wework-to-miss-2020-targets-because-of-coronavirus/
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