WeWork Drops 150 Leases To Cut Rent Costs By $8B In Ch. 11

By Alex Wittenberg (April 2, 2024, 1:44 PM EDT) -- Coworking company WeWork has agreed to exit 150 leases and restructure others to reduce its future rent payments by some $8 billion, saying the "significant milestone" paves the way for it to exit Chapter 11 by the end of May....

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