WeWork

WeWork set to call in T-Mobile US boss

The We Company is reported by the Wall Street Journal to be in talks with John Leger, Chief Executive of mobile operator T-Mobile US, about taking on the lead at the troubled office-sharing business Wework’s owner.

Wework feels investor pressure to pull stock market float

Japanese investor Softbank, which has poured an estimated $10bn into property and flexible workplace office provider Wework, is reportedly now pushing the company to pull its planned stock market float, according to The Times newspaper in London. Softbank and its affiliated Vision Fund have a 29% stake in the group. Parent holding company We Company announced large losses in August, news that was ...

WeWork losses revealed ahead of stock market float

WeWork, the international flexible office provider, has revealed large losses as it attempts to float on the stock market. Its co-working space provider parent holding, We Company, announced the financial news on 14 August, news that has been met with a storm of criticism, most notably on Twitter. Releasing its financial information ahead of an IP, WeWork reported a $1.9bn pre-tax loss for in 2018...