WeWork Expects to Emerge From Bankruptcy with 6 Locations in Atlanta
Tuesday, May 14th, 2024
Embattled co-working pioneer WeWork will continue to operate six of its 11 metro Atlanta locations after shedding unprofitable leases during its bankruptcy proceedings.
The New York firm, which helped popularize shared workplaces, announced Thursday it had completed all of its Atlanta area lease negotiations since it filed for Chapter 11 bankruptcy protection in November. The company said in a news release that it has determined a path forward for more than 95% of its office leases across the globe and has reduced its total rent commitments by more than $11 billion.
Read More At: The Atlanta Journal-Constitution
