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March 31, 2020


CNBC - Real Estate

WeWork reassures investors it has enough cash to weather coronavirus

CNBC Real Estate
WeWork Executive Chairman Marcelo Claure during an interview with Andrew Ross Sorkin at WeWork headquarters in New York City on February 10, 2020. David A. Grogan | CNBC WeWork is telling investors it has enough cash on hand to execute its long-term plans and weather the near-term challenges posed by......
CNBC - Real Estate

WeWork memo offers employees $100 a day during coronavirus lockdown

CNBC Real Estate
WeWork is offering some of its employees $100 a day if they feel comfortable coming into work amid the coronavirus outbreak.  Earlier this week, WeWork’s COO Shyam Gidumal offered members of the company’s community teams a bonus worth $100 a day or up to $500 week through the month of......
CNBC Business

Coronavirus and market volatility shuts down the IPO market for potential listings like Airbnb

CNBC – For more and to sign up click here Investors likely won’t get their fix for newly public companies for a long time thanks to the financial turmoil caused by the spreading coronavirus.  Logistics issues aside for investment bankers unable to travel, market volatility like this scares off companies......

WeWork shuts a New York office-share space because of coronavirus

CBS News
CBS News – For more and to sign up click here WeWork has temporarily closed two floors of a building the office-sharing company occupies in New York City after a worker tested positive for coronavirus.  The employee worked at WeWork subsidiary Meetup, which had a full floor of the building......
Reuters - Business

WeWork offloads office management platform Managed by Q to Eden

FILE PHOTO: A sign is seen above the entrance to the WeWork corporate headquarters in Manhattan, New York, U.S., November 21, 2019. REUTERS/Mike Segar/File Photo (Reuters) – Office management platform Eden said on Tuesday it has acquired shared workplace operator WeWork’s Managed by Q for an undisclosed sum. The sale......

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