WeWork Warns Investors About Its Ability to Stay Open

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Shared workspace company. We work has expressed some doubt about its ability to continue operations over the next year due to financial challenges, the company cited escalating operational costs and increasing member turnover is major factors despite a 349 million loss in the second quarter. Interim Ceo David Tolley said he remained hopeful saying the company information continues at pace and the company is considering renegotiating lease terms and exploring additional capital resources.