WeWork

In May 2008, Israeli Adam Neumann and American Miguel McKelvey established GreenDesk, an "eco-friendly coworking space" in Brooklyn.{{cite news | last1=Sheftell | first1=Jason | title=WeWork gives alternative to working at home with swanky buildings across NYC | url=https://www.nydailynews.com/life-style/real-estate/wework-alternative-working-home-swanky-buildings-nyc-article-1.1044412 | work=New York Daily News | date=July 22, 2011 | url-status=live | archive-url=https://web.archive.org/web/20150402122721/http://www.nydailynews.com/life-style/real-estate/wework-alternative-working-home-swanky-buildings-nyc-article-1.1044412?pgno=1 | archive-date=April 2, 2015}} In 2010, Neumann and McKelvey sold the business and founded WeWork, renting its first location in SoHo, Manhattan, which opened in April 2011. Manhattan real estate developer Joel Schreiber purchased a 33% interest in the company for $15 million.{{Cite news | url=https://therealdeal.com/2017/10/19/the-little-trick-weworks-adam-neumann-uses-to-charm-investors/ | first=Konrad | last=Putzier | title=The little trick WeWork's Adam Neumann uses to charm investors | work=The Real Deal | date=October 19, 2017}}

In 2011, PepsiCo placed a few employees in the location, who acted as advisors to smaller WeWork member companies, making the location a startup incubator.{{cite news | url=http://www.xconomy.com/new-york/2011/04/06/wework-labs-gives-new-york-entrepreneurs-a-home-before-theyre-ready-for-an-office/ | title=WeWork Labs Gives New York Entrepreneurs a Home Before They're Ready For an Office | last=Weintraub | first=Arlene | work=Xconomy | date=April 6, 2011 | archive-url=https://web.archive.org/web/20150221074508/http://www.xconomy.com/new-york/2011/04/06/wework-labs-gives-new-york-entrepreneurs-a-home-before-theyre-ready-for-an-office/ | archive-date=February 21, 2015 | url-status=live}}{{cite news | last=Sweeney | first=Deborah | title=Best of 2011: My 5 Favorite Startups | url=https://www.forbes.com/sites/deborahsweeney/2011/12/22/best-of-2011-my-5-favorite-startups/2/ | work=Forbes | url-status=live | archive-url=https://web.archive.org/web/20150402112418/http://www.forbes.com/sites/deborahsweeney/2011/12/22/best-of-2011-my-5-favorite-startups/2/ | archive-date=April 2, 2015}}

By 2013, WeWork customers included 350 startups such as Fitocracy and HackHands.{{cite news | last1=Shontell | first1=Alyson | title=WeWork Labs, Home To 350 Founders And Startups Like Fitocracy, Is Opening 2 More Locations | url=http://www.businessinsider.com/wework-labs-home-to-350-entrepreneurs-and-startups-like-reddit-and-fitocracy-is-opening-2-more-locations-2013-2 | work=Business Insider | date=February 15, 2013 | url-status=live | archive-url=https://web.archive.org/web/20150303061251/http://www.businessinsider.com/wework-labs-home-to-350-entrepreneurs-and-startups-like-reddit-and-fitocracy-is-opening-2-more-locations-2013-2#ixzz2d5fZI26i | archive-date=March 3, 2015}}

By 2014, WeWork was considered "the fastest-growing lessee of new office space in New York" and was on track to become "the fastest-growing lessee [lessor] of new space in America." WeWork investors as of 2014 included J.P. Morgan Chase & Co, T. Rowe Price, Wellington Management, Goldman Sachs, the President and Fellows of Harvard College, Benchmark, and Mortimer Zuckerman, former CEO of Boston Properties.{{cite news | last1=Gellman | first1=Lindsay | last2=Brown | first2=Eliot | title=WeWork: Now a $5 Billion Co-Working Startup | url=https://www.wsj.com/articles/wework-now-a-5-billion-real-estate-sartup-1418690163?autologin=y | work=The Wall Street Journal | date=December 15, 2014 | url-access=subscription | url-status=live | archive-url=https://web.archive.org/web/20150402235723/http://www.wsj.com/articles/wework-now-a-5-billion-real-estate-sartup-1418690163?autologin=y | archive-date=April 2, 2015}}{{cite news | last1=Konrad | first1=Alex | title=Inside The Phenomenal Rise Of WeWork | url=https://www.forbes.com/sites/alexkonrad/2014/11/05/the-rise-of-wework/ | work=Forbes | date=November 5, 2014 | url-access=limited | url-status=live | archive-url=https://web.archive.org/web/20150207205841/http://www.forbes.com/sites/alexkonrad/2014/11/05/the-rise-of-wework/ |archive-date=February 7, 2015}}

In February 2015, WeWork was named to Fast Company’s 50 Most Innovative Companies list.{{cite press release | url=https://www.wework.com/newsroom/what-innovation-means-to-us | title=WeWork named to Fast Company's 50 Most Innovative Companies | publisher=WeWork | date=February 9, 2015}} On June 1, 2015, Artie Minson, former chief financial officer of Time Warner Cable, joined the company as president and chief operating officer.{{cite news | title=WeWork Announces Artie Minson as President and Chief Operating Officer | url=http://www.marketwatch.com/story/wework-announces-artie-minson-as-president-and-chief-operating-officer-2015-06-01 | work=MarketWatch | date=June 1, 2015 | url-access=limited | url-status=live | archive-url=https://web.archive.org/web/20151017040552/http://www.marketwatch.com/story/wework-announces-artie-minson-as-president-and-chief-operating-officer-2015-06-01 | archive-date=October 17, 2015}} In August 2015, the company acquired CASE, a real estate and construction technology company, in its first acquisition.{{Cite news | url=https://www.architectmagazine.com/practice/wework-acquires-case-inc_o | title=WeWork Acquires Case Inc. | last=Lau | first=Wanda | work=Architect Magazine | date=August 5, 2015}}{{Cite news | url=https://techcrunch.com/2015/08/05/weworks-first-acquisition-is-building-information-modeling-firm-case/ | title=WeWork's First Acquisition Is Building Information Modeling Firm Case | first=Jordan | last=Crook | work=TechCrunch | date=August 5, 2015}} According to its founder, the speed of the transaction damaged the organizational culture of CASE.{{Cite news | url=https://www.businessinsider.com/founder-of-startup-bought-by-wework-lessons-almost-destroyed-company-2021-4 | title=The founder of a startup bought by WeWork describes how he almost destroyed his 7-year-old company's culture in the span of 24 hours over one simple mistake | first=Grace | last=Kay | work=Business Insider | date=April 21, 2021}}

In March 2016, WeWork raised $430 million in financing from Legend Holdings and Hony Capital, valuing the company at $16 billion.{{cite news | url=https://www.businessinsider.com/wework-raising-780-million-2016-3 | title=WeWork is now a $16 billion company | first=Matt | last=Weinberger | work=Business Insider | date=March 9, 2016 | url-access=subscription}}{{cite news | url=https://www.ft.com/content/ade3f1e2-e63f-11e5-bc31-138df2ae9ee6 | title=WeWork raises $430m for push into Asia | work=Financial Times | date=March 9, 2016 | url-access=subscription}}{{cite news | url=https://www.bloomberg.com/news/articles/2016-03-09/wework-raises-funds-at-16-billion-valuation-for-asia-expansion | title=WeWork Raises Funds at $16 Billion Valuation for Asia Expansion | work=Bloomberg News | date=March 9, 2016 | url-access=subscription}}{{cite news | url=https://www.bizjournals.com/newyork/news/2016/03/09/wework-is-raising-780m-at-more-than-double-rate.html | title=More like WeRock: WeWork raises up to $780M at a valuation of about $17B | first=Michael | last=del Castillo | work=American City Business Journals | date=March 9, 2016}} In June 2016, the company announced layoffs of 7% of its staff and implemented a temporary hiring freeze.{{Cite news | url=https://www.bizjournals.com/sanfrancisco/blog/techflash/2016/06/wework-makes-plans-to-cut-workforce-temporarily.html | title=WeWork makes plans to cut workforce, temporarily pause hiring | first=Gina | last=Hall | work=American City Business Journals | date=June 6, 2016}} In July 2016, WeWork fired and sued Joanna Strange, an employee who leaked information to the press that showed that WeWork would miss its financial goals.{{Cite news | url=https://www.reuters.com/article/us-usa-property-wework-lawsuit/wework-sues-ex-employee-for-disclosing-information-to-reporters-idUSKCN0ZW162 | title=WeWork sues ex-employee for disclosing information to reporters | first=Herbert | last=Lash | work=Reuters | date=July 16, 2016}} By October 2016, the company had raised $1.7 billion in private capital.{{Cite news | url=https://www.wsj.com/articles/wework-raises-260-million-capping-off-690-million-funding-round-1476284233 | title=WeWork Raises $260 Million, Capping Off $690 Million Funding Round | last=Farrell | first=Maureen | work=The Wall Street Journal | date=October 12, 2016 | issn=0099-9660 | url-status=live |archive-url=https://web.archive.org/web/20161013175909/http://www.wsj.com/articles/wework-raises-260-million-capping-off-690-million-funding-round-1476284233 | archive-date=October 13, 2016}} In October 2016, WeWork announced plans to open a fourth location in Central Square, Cambridge, with space for 550 desks. WeWork opened offices in Boston's Leather District and Fort Point in 2014.{{cite news | last=Logan | first=Tim | url=https://www.bostonglobe.com/business/2016/10/18/wework-open-offices-cambridge/Ye8cSm0L4YamvcCp5XxzZO/story.html | title=WeWork comes to Cambridge | work=The Boston Globe | date=October 18, 2016 | url-access=limited | url-status=live | archive-url=https://web.archive.org/web/20161020042729/https://www.bostonglobe.com/business/2016/10/18/wework-open-offices-cambridge/Ye8cSm0L4YamvcCp5XxzZO/story.html | archive-date=October 20, 2016}} It also announced plans to open a location in Lincoln Square in Bellevue, Washington.{{Cite news | url=https://www.bizjournals.com/seattle/blog/techflash/2016/10/wework-makes-it-official-co-working-giant-to-open.html | title=WeWork makes it official: co-working giant to open big Bellevue space | first=Marc | last=Stiles | work=American City Business Journals | date=October 9, 2016}}

In 2016, WeWork launched a separate but related co-living venture called WeLive in New York City and in Crystal City, Virginia, near Ronald Reagan Washington National Airport in the Washington metropolitan area.{{cite news | url=https://www.fastcompany.com/3055325/from-wework-to-welive-company-moves-members-into-its-first-residential-building | title=From WeWork To WeLive: Startup Moves Members Into Its First Residential Building | last1=Kessler | first1=Sarah | work=Fast Company | date=November 1, 2016 | archive-url=https://web.archive.org/web/20160510235000/http://www.fastcompany.com/3055325/from-wework-to-welive-company-moves-members-into-its-first-residential-building | archive-date=May 10, 2016 | url-status=live}}{{cite magazine | url=https://www.newyorker.com/magazine/2016/05/16/the-rise-of-the-co-living-startup | title=Happy Together | last=Widdicombe | first=Lizzie | magazine=The New Yorker | date=May 16, 2016 | archive-url=https://web.archive.org/web/20160512155245/http://www.newyorker.com/magazine/2016/05/16/the-rise-of-the-co-living-startup | archive-date=May 12, 2016 | url-status=live}}{{cite news | url=https://qz.com/866845/wework-is-testing-how-much-people-will-pay-to-live-in-its-experimental-co-living-space-on-wall-street | title=WeWork is testing how much people will pay to live in its experimental co-living space on Wall Street | last1=Griswold | first1=Alison | work=Quartz | date=December 21, 2016 | archive-url=https://web.archive.org/web/20170406111936/https://qz.com/866845/wework-is-testing-how-much-people-will-pay-to-live-in-its-experimental-co-living-space-on-wall-street/ | archive-date=April 6, 2017 | url-status=live}} A third WeLive location in Seattle was planned in the new Third and Lenora building in 2020, but the lease was terminated in October 2019.{{cite news | last=Khashimova Long | first=Katherine | title=Beleaguered WeWork and Martin Selig dissolve deal for Seattle tower | url=https://www.seattletimes.com/business/real-estate/beleaguered-wework-and-martin-selig-dissolve-deal-for-residential-project-in-belltown/ | work=The Seattle Times | date=October 15, 2019}} In July 2021, WeWork terminated this business line.{{Cite news | url=https://www.bisnow.com/national/news/multifamily/wework-has-officially-pulled-the-plug-on-welive-109630 | title=WeWork Has Officially Pulled The Plug On WeLive | first=Jon | last=Banister | work=Bisnow Media | date=July 21, 2021}}

In April 2017, WeWork launched an online store for services and software for its members.{{Cite news | url=https://techcrunch.com/2017/04/25/weworks-office-domination-continues-with-the-launch-of-the-services-store/ | title=WeWork's office takeover continues with the launch of the Services Store | first=Jordan | last=Crook | work=TechCrunch | date=April 25, 2017}}{{Cite news | url=https://qz.com/966956/wework-wants-to-make-its-business-look-more-like-cable-tv-than-real-estate/ | title=WeWork wants to make its business look more like cable TV than real estate | first=Sarah | last=Kessler | work=Quartz | date=April 25, 2017}} In May 2017, WeWork opened a luxury health club at its Broad Street, Manhattan location.{{Cite news | url=https://www.curbed.com/2017/5/31/15716416/wework-wellness-gym-fitness-classes-new-york-city | title=WeWork is opening gyms in its office spaces | last=Eldredge | first=Barbara | work=Curbed | publisher=Vox Media | date=May 31, 2017 | archive-url=https://web.archive.org/web/20171201042207/https://www.curbed.com/2017/5/31/15716416/wework-wellness-gym-fitness-classes-new-york-city |archive-date=December 1, 2017 | url-status=live}} The space includes exercise equipment and a boxing area, general workout area, spa, and a yoga studio with fitness classes.{{Cite news | url=http://www.businessinsider.com/wework-gym-opens-in-nyc-price-photos-review-2017-10/ | title=The most valuable startup in New York City just opened its first gym to compete with Equinox see what it's like inside | last=Jacobs | first=Sarah | work=Business Insider | date=October 20, 2017 | url-status=live | archive-url=https://web.archive.org/web/20171025022911/http://www.businessinsider.com/wework-gym-opens-in-nyc-price-photos-review-2017-10 | archive-date=October 25, 2017}}{{Cite news | url=https://www.nytimes.com/2017/10/12/style/wework-fitness-gyms.html | title=WeWork. WeLive. We Work Out. Eventually We Die. | last=Rosman | first=Katherine | authorlink=Katherine Rosman | work=The New York Times | date=October 12, 2017 | url-access=subscription | url-status=live | archive-url=https://web.archive.org/web/20171201042430/https://www.nytimes.com/2017/10/12/style/wework-fitness-gyms.html?_r=0 | archive-date=December 1, 2017}}{{Cite news | url=http://www.metropolismag.com/interiors/hospitality-interiors/rise-by-we-gym-design/ | title=WeWork Opens Its First Gym, "Rise By We" - Metropolis | last=Edelson | first=Zachary | work=Metropolis | date=October 20, 2017}}{{Cite news | title=We Tried Out Our New Workout Gear at...WeWork | url=https://goop.com/wellness/fitness/we-tried-out-our-new-workout-gear-at-wework/ | work=Goop | date=January 24, 2018}} In June 2017, in partnership with Embassy Group, WeWork India, led by then 25-year old Karan Virwani, son of the Embassy Group owner Jitu Virwani, opened its first space in Bangalore, India, named WeWork Galaxy, with capacity for 2,200 members.{{Cite news | url=https://www.forbesindia.com/article/special/wework-enters-india-with-a-coworking-space-in-bengaluru/47473/1 | title=WeWork enters India with a co-working space in Bengaluru | first=VARSHA | last=MEGHANI | work=Forbes | date=July 6, 2017}}{{Cite news | url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/wework-india-provides-15700-sq-ft-office-space-in-bengaluru-to-khaitan-co/articleshow/77737542.cms | title=WeWork India provides 15,700 sq ft office space in Bengaluru to Khaitan & Co | work=The Economic Times | date=August 25, 2020}}{{Cite news | url=https://www.forbes.com/sites/naazneenkarmali/2017/02/23/wework-gets-going-in-india-with-billionaire-landlord/ | title=WeWork Gets Going In India With Billionaire Landlord | first=Naazneen | last=Karmali | work=Forbes | date=February 23, 2017 | url-access=limited}} In July 2017, the company raised $760 million in a Series G financing round valuing the company at $20 billion.{{Cite news | url=https://www.forbes.com/sites/stevenbertoni/2017/07/10/wework-hits-20-billion-valuation-in-new-funding-round/ | title=WeWork Hits $20 Billion Valuation In New Funding Round | last=Bertoni | first=Steven | work=Forbes | date=July 10, 2017 | url-access=limited | url-status=live |archive-url=https://web.archive.org/web/20170925231117/https://www.forbes.com/sites/stevenbertoni/2017/07/10/wework-hits-20-billion-valuation-in-new-funding-round/#769bd5371194 | archive-date=September 25, 2017}}{{Cite news | url=https://www.businessinsider.com/wework-tops-20-billion-valuation-2017-7 | title=WeWork, the company that simulates startup life, is worth more than Twitter, Box, and Blue Apron combined | first=Melia | last=Robinson | work=Business Insider | date=July 10, 2017}} Also in July 2017, WeWork announced expansion plans into China, with US$500 million invested by SoftBank and Hony Capital.{{cite news | first1=Julie | last1=Zhu | first2=Elzio | last2=Barreto | title=WeWork launches China unit with $500 million funding from Hony, SoftBank | url=https://www.reuters.com/article/us-wework-hony-china-idUSKBN1AC0F5 | work=Reuters | date=July 26, 2017 | url-status=live | archive-url=https://web.archive.org/web/20170731024756/https://www.reuters.com/article/us-wework-hony-china-idUSKBN1AC0F5 |archive-date=July 31, 2017 }}{{cite news | first=Jon | last=Russell | title=WeWork launches dedicated China business backed by $500M from investors | url=https://techcrunch.com/2017/07/26/wework-launches-a-dedicated-china-business/ | work=TechCrunch | date=July 26, 2017 | url-status=live | archive-url=https://web.archive.org/web/20170729135709/https://techcrunch.com/2017/07/26/wework-launches-a-dedicated-china-business/ | archive-date=July 29, 2017}} In August 2017, the company raised $4.4 billion from the SoftBank Vision Fund at a valuation of approximately $20 billion.{{Cite magazine | url=https://www.wired.com/story/this-is-why-wework-thinks-its-worth-20-billion/ | title=Why WeWork Thinks It's Worth $20 Billion | first=JESSI | last=HEMPEL | magazine=Wired | date=September 6, 2017 | url-access=limited}}{{Cite news | url=https://www.wsj.com/articles/softbank-invests-additional-3-billion-in-wework-1503597860 | title=SoftBank Finalizes $4.4 Billion WeWork Investment | first=Eliot | last=Brown | work=The Wall Street Journal | date=August 25, 2017 | url-access=subscription}}{{Cite press release | url=https://www.businesswire.com/news/home/20170824006090/en/WeWork-Receives-4.4-Billion-Investment-from-SoftBank-Group-and-SoftBank-Vision-Fund | title=WeWork Receives $4.4 Billion Investment from SoftBank Group and SoftBank Vision Fund | publisher=Business Wire | date=August 24, 2017}}{{Cite news | url=https://www.cnbc.com/2017/08/24/softbank-invests-4-point-4-billion-into-wework.html | title=SoftBank plows more than $4 billion into commercial real estate start-up WeWork | first=Lora | last=Kolodny | work=CNBC | date=August 24, 2017}} In September 2017, WeWork expanded into Southeast Asia via the acquisition of Singapore-based SpaceMob, and it allocated $500 million to grow in Southeast Asia.{{Cite news | url=https://techcrunch.com/2017/09/07/iwork-uwork-wework-rework-urwork/ | title=China's UrWork invests in Indonesia's ReWork via $3M deal as WeWork rivalry heats up | last=Russell | first=Jon | work=TechCrunch | url-status=live | archive-url=https://web.archive.org/web/20171201031247/https://techcrunch.com/2017/09/07/iwork-uwork-wework-rework-urwork/ |archive-date=December 1, 2017}}

In October 2017, WeWork signed a contract to acquire the Lord & Taylor Building on Fifth Avenue in Manhattan from the Hudson's Bay Company for $850 million, with additional plans to invest over $450 million on a renovation.{{Cite news | url=http://www.bnn.ca/hbc-raising-1-7b-in-manhattan-property-sale-and-share-financing-1.894069 | title=HBC raising $1.7B in Manhattan property sale and share financing | first=Ian | last=Vandaelle | work=Business News Network | date=October 24, 2017 | url-status=live | archive-url=https://web.archive.org/web/20171107003934/http://www.bnn.ca/hbc-raising-1-7b-in-manhattan-property-sale-and-share-financing-1.894069 |archive-date=November 7, 2017}} The deal also included the use of floors of certain HBC owned department stores in Germany, New York, Toronto, and Vancouver as WeWork's shared office workspaces.{{Cite news | url=http://business.financialpost.com/news/retail-marketing/hbc-mulls-reported-3-billion-euro-offer-for-lagging-european-business | title=HBC mulls reported 3 billion euro offer for lagging European business | first=Hollie | last=Shaw | work=Financial Post | date=November 1, 2017 | url-status=live | archive-url=https://web.archive.org/web/20171103152723/http://business.financialpost.com/news/retail-marketing/hbc-mulls-reported-3-billion-euro-offer-for-lagging-european-business | archive-date=November 3, 2017}}{{Cite press release | url=https://www.businesswire.com/news/home/20171102005748/en/Hudson%E2%80%99s-Bay-Company-Responds-Land-Buildings-Press | title=Hudson's Bay Company Responds to Land & Buildings Press Release | date=November 2, 2017 | url-status=live | archive-url=https://web.archive.org/web/20171107055211/http://www.businesswire.com/news/home/20171102005748/en/Hudson%E2%80%99s-Bay-Company-Responds-Land-Buildings-Press |archive-date=November 7, 2017}} The transaction closed in February 2019.{{Cite news | url=https://www.bizjournals.com/newyork/news/2019/02/11/lord-taylor-building-is-officially-sold-to-wework.html | title=Lord & Taylor building is officially sold to WeWork | first=Anthony | last=Noto | work=American City Business Journals | date=February 11, 2019}}{{Cite news | url=https://www.globest.com/2019/02/11/wework-and-hbc-close-on-850m-lord-taylor-building-deal/ | title=WeWork and HBC Close on $850M Lord & Taylor Building Deal | first=Betsy | last=Kim | work=ALM | date=February 11, 2019}} The building was sold to Amazon.com in March 2020 for $1.15 billion.{{Cite news | url=https://nypost.com/2020/03/12/amazon-buying-lord-taylor-building-for-1-5-billion/ | title=Amazon buying Lord & Taylor building for $1.15 billion | first=Lisa | last=Fickenscher | work=New York Post | date=March 12, 2020}}

In October 2017, WeWork acquired Flatiron School, a coding school.{{Cite news | url=https://money.cnn.com/2017/10/23/technology/wework-acquires-flatiron-school/index.html | title=WeWork snaps up coding bootcamp Flatiron School | last=Larson | first=Selena | work=CNN | date=October 23, 2017 | archive-url=https://web.archive.org/web/20171031100025/http://money.cnn.com/2017/10/23/technology/wework-acquires-flatiron-school/index.html | archive-date=October 31, 2017 | url-status=live}}{{Cite news | url=https://techcrunch.com/2017/10/23/wework-acquires-flatiron-school/ | title=WeWork acquires Flatiron School | first=Jordan | last=Crook | work=TechCrunch | date=October 23, 2017}} It was sold in June 2020.{{Cite news | url=https://techcrunch.com/2020/06/30/wework-sells-flatiron-school-to-carrick-capital-partners/ | title=WeWork sells Flatiron School to Carrick Capital Partners | first=Jordan | last=Crook | work=TechCrunch | date=June 30, 2020}} In November 2017, WeWork invested in The Wing, a co-working space for women.{{Cite news | url=https://fortune.com/2017/11/21/the-wing-funding-wework/ | title=Why WeWork Just Invested In This Women-Only Club | last=Marinova | first=Polina | work=Fortune | date=November 21, 2017 | url-status=live | archive-url=https://web.archive.org/web/20171201033032/http://fortune.com/2017/11/21/the-wing-funding-wework/ | archive-date=December 1, 2017}} It sold the stake in January 2020. Also in November 2017, WeWork acquired Meetup for approximately $156 million.{{Cite news | url=http://www.chicagotribune.com/bluesky/technology/ct-wework-buys-meetup-20171128-story.html | title=WeWork buys Meetup to bring people together outside of work | last=De Vynck | first=Gerrit | work=Chicago Tribune | date=November 28, 2017| url-access=limited | url-status=live |archive-url=https://web.archive.org/web/20171207032706/http://www.chicagotribune.com/bluesky/technology/ct-wework-buys-meetup-20171128-story.html |archive-date=December 7, 2017}}{{Cite news | url=https://www.businessinsider.com/wework-buys-meetup-for-200-million-2017-11 | title=$20 billion startup WeWork continues its shopping spree with $200 million for Meetup | first=Kif | last=Leswing | work=Business Insider | date=November 28, 2017}} It was sold at a loss in 2020.{{Cite news | url=https://techcrunch.com/2020/03/30/wework-sells-off-social-network-meetup-to-alleycorp-and-other-investors/ | title=WeWork sells off social network Meetup to AlleyCorp and other investors | first=Sarah | last=Perez | work=TechCrunch | date=March 30, 2020}} In the same month, WeWork invested in Wavegarden, which designs and manufactures artificial wave devices.{{Cite news | url=https://www.wsj.com/articles/wework-takes-a-dip-in-the-wave-pool-business-1510765780 | title=WeWork Takes a Dip in the Wave-Pool Business | first=Eliot | last=Brown | work=The Wall Street Journal | date=November 15, 2017 | url-access=subscription}}{{Cite news | url=https://www.bizjournals.com/newyork/news/2017/11/15/wework-tests-the-waters-with-wave-pool-maker.html | title=WeWork tests the waters with wave-pool maker | first=Anthony | last=Noto | work=American City Business Journals | date=November 15, 2017}} In addition, during November 2017, WeWork announced that in the fall of 2018 it would launch WeGrow, a private school for children aged 3 through students in grade 4.{{Cite news | url=https://www.bloomberg.com/news/articles/2017-11-06/wework-hits-education-with-an-entrepreneurial-school-for-kids | title=WeWork Is Launching a Grade School for Budding Entrepreneurs | last=Plagianos | first=Irene | work=Bloomberg News | date=November 6, 2017 | url-access=subscription | url-status=live |archive-url=https://web.archive.org/web/20171106204556/https://www.bloomberg.com/news/articles/2017-11-06/wework-hits-education-with-an-entrepreneurial-school-for-kids |archive-date=November 6, 2017}} The first permanent location was in WeWork's New York headquarters.{{Cite news | url=https://www.dailydot.com/debug/wework-elementary-school/ | title=WeWork is starting an elementary school for 'young entrepreneurs' | last=Bonnington | first=Christina | work=The Daily Dot | date=November 6, 2017 | url-status=live |archive-url=https://web.archive.org/web/20171201032511/https://www.dailydot.com/debug/wework-elementary-school/ | archive-date=December 1, 2017}} In September 2019, Rebekah Neumann resigned as CEO of WeGrow.{{cite news | last=Davis | first=Michelle F. | url=https://fortune.com/2019/09/24/wework-ceo-adam-neumann-stepping-down-ipo/ | title=WeWork CEO Adam Neumann Stepping Down | work=Fortune | date=September 24, 2019}} WeGrow closed at the end of the 2019 academic year.{{cite news | last=Klein | first=Rebecca | url=https://www.huffpost.com/entry/wework-school_n_5da074dbe4b02c9da049128c?z5 | title=WeWork Is Closing Its Private School In New York City After This Year | work=HuffPost | date=October 11, 2019}} In December 2017, WeWork opened its first location in Singapore.{{Cite news | url=https://www.techinasia.com/wework-singapore-first-location | title=WeWork opens its first Singapore venue but has more co-working spaces coming soon | first=Michael | last=Tegos | work=Tech in Asia | date=December 14, 2017}}

File:WeWork Coworking Space, 333 Seymour, Vancouver (32365147778).jpg

In January 2018, students taking online university courses from 2U were given access to WeWork common spaces and meeting rooms.{{Cite news | url=https://www.bloomberg.com/news/articles/2018-01-22/wework-is-turning-its-offices-into-study-halls | title=WeWork Is Turning Its Offices Into Study Halls | last=Zaleski | first=Olivia | work=Bloomberg News | date=January 22, 2018 | url-access=subscription | url-status=live | archive-url=https://web.archive.org/web/20180125054328/https://www.bloomberg.com/news/articles/2018-01-22/wework-is-turning-its-offices-into-study-halls|archive-date=January 25, 2018}} In December 2018, WeWork opened its first location on a college campus at the University of Maryland, College Park.{{Cite news | url=https://technical.ly/baltimore/2018/12/10/wework-opens-coworking-space-at-university-of-maryland-college-park-its-first-on-a-university-campus/ | title=WeWork opens at University of Maryland College Park, its first coworking space on a university campus | last=Babcock | first=Stephen | website=Technical.ly | date=December 10, 2018}}{{Cite news | url=https://www.bisnow.com/washington-dc/news/office/what-wework-looks-like-on-a-college-campus-97303 | title=Inside WeWork's First Location On A College Campus | last=Banister | first=Jon | work=Bisnow Media | date=February 1, 2019}} In March 2018, WeWork raised over $400 million alongside Rhône Group, a private equity firm to start a fund to purchase properties directly.{{cite news | first=Shona | last=Ghosh | url=https://www.sfgate.com/technology/businessinsider/article/WeWork-documents-reveal-it-owes-18-billion-in-12863094.php | title=WeWork documents reveal it owes $18 billion in rent and is burning through cash as it seeks more funding | work=Business Insider | via=San Francisco Chronicle | date=April 25, 2018}} Also in March 2018, WeWork acquired Conductor.{{Cite news | url=https://www.wework.com/newsroom/wework-x-conductor | title=WeWork acquires marketing leader Conductor | work=WeWork | date=March 6, 2018}}{{Cite news | url=https://www.wsj.com/articles/wework-wades-into-enterprise-software-by-buying-conductor-1520337601 | title=WeWork Wades Into Enterprise Software by Buying Conductor | last=Chernova | first=Yuliya | work=The Wall Street Journal | date=March 6, 2018 | url-access=subscription | issn=0099-9660}} Conductor executives bought back the company from WeWork in December 2019.{{Cite news | title=Conductor execs buy their company back from WeWork | url=https://techcrunch.com/2019/12/12/condutor-wework-buyout/ | first=Anthony | last=Ha | work=TechCrunch | date=December 12, 2019}} In April 2018, WeWork acquired Chinese coworking operator Naked Hub for $400 million.{{cite news | title=Wework Is Acquiring China's naked Hub for 400 million | url=https://www.bloomberg.com/news/articles/2018-04-11/wework-is-acquiring-china-s-naked-hub-for-400-million | work=Bloomberg News | date=April 11, 2018 | url-access=subscription}}{{Cite news | url=https://techcrunch.com/2018/04/11/wework-confirms-deal-to-buy-naked-hub-one-of-its-main-competitors-in-china/ | title=WeWork confirms deal to buy Naked Hub, one of its main competitors in China | first=Jon | last=Russell | work=TechCrunch | date=April 11, 2018}}{{Cite news | url=https://money.cnn.com/2018/04/12/technology/wework-naked-hub-coworking-space-china/index.html | title=WeWork is buying Naked Hub to grow in China | first=Sherisse | last=Pham | work=CNN | date=April 12, 2018}}{{Cite news | url=https://www.bizjournals.com/newyork/news/2018/04/12/wework-buys-china-based-naked-hub.html | title=WeWork, now a mishmash of businesses, buys China-based Naked Hub | first=Anthony | last=Noto | work=American City Business Journals | date=April 12, 2018}} In May 2018, WeWork acquired MissionU, a self-styled college alternative, for $4 million in stock. MissionU was wound-down shortly afterwards and students were not charged tuition. Cash was returned from MissionU to its investors. MissionU's CEO went on to become COO of WeWork's kindergarten program, WeGrow.{{Cite news | url=https://www.edsurge.com/news/2018-05-30-acquisition-autopsy-details-and-questions-behind-missionu-s-4m-sale-to-wework | title=Acquisition Autopsy: Details—and Questions—Behind MissionU's $4M Sale to WeWork | first= Tony | last=Wan | work=EdSurge | date=May 30, 2018}} In July 2018, the company restricted employees globally from being reimbursed by the company for meals that contained pork, poultry, or red meat for environmental and animal rights reasons. The firm also announced that it would not provide meat for events at its locations nor allow meat at self-serve food kiosks in its locations.{{cite news | title=WeWork bans meat for employees expensing meals, at company events | url=https://www.bloomberg.com/news/articles/2018-07-13/wework-tells-employees-meat-is-permanently-off-the-company-menu | last=Hafner | first=Joshua | work=Bloomberg News | date=July 14, 2014 | url-access=subscription}}{{Cite news | url=https://www.houstonchronicle.com/business/article/Beef-lovers-call-bull-on-WeWork-s-meatless-edict-13083450.php | title=Beef lovers call bull on WeWork's meatless edict | first=Andrea | last=Leinfelder | work=Houston Chronicle | date=July 18, 2018 | url-access=subscription}}{{Cite news | url=https://money.cnn.com/2018/07/13/technology/wework-meat-ban/index.html | title=WeWork is banning meat | first=Sara Ashley | last=O'Brien | work=CNN | date=July 13, 2018}} In July 2018, WeWork raised $500 million to expand its business in China, valuing its Chinese subsidiary at $5 billion.{{cite news | title=WeWork has closed a $500 million funding round for its China subsidiary | url=https://www.recode.net/2018/7/26/17617278/wework-closed-500-million-funding-round-china-subsidiary | last=Ghaffary | first=Shirin | work=Recode | date=July 26, 2018}} In August 2018, WeWork's Flatiron School acquired Designation, a for-profit design school.{{Cite news | url=https://www.fastcompany.com/90228151/wework-just-acquired-a-chicago-design-school | title=WeWork just acquired a Chicago design school | last=Grothaus | first=Michael | work=Fast Company | date=August 28, 2018}}{{cite news | url=https://www.reuters.com/article/us-wework-flatiron-idINKCN1LD0YY | title=WeWork's Flatiron School acquires Chicago design school Designation | first=Salvador | last=Rodriguez | work=Reuters | date=August 28, 2018}} In September 2018, WeWork acquired Teem, an office management software company, for $100 million.{{Cite news | url=https://venturebeat.com/2018/09/12/wework-acquires-utah-software-startup-teem-for-a-reported-100-million/ | title=WeWork acquires Utah software startup Teem for a reported $100 million | first=Anna | last=Hensel | work=VentureBeat | date=September 12, 2018}} It was sold to iOffice in 2020.{{Cite news | url=https://www.cnbc.com/2020/01/22/wework-sells-teem-and-its-stake-in-the-wing.html | title=WeWork sells Teem and its stake in The Wing as it continues to divest non-core businesses | first=Annie | last=Palmer | work=CNBC | date=January 20, 2020}} In November 2018, SoftBank acquired a warrant to buy up to $3 billion worth of shares in the company by the end of September 2019 at a $42 billion valuation.{{Cite news | url=https://www.ft.com/content/52298614-e74f-11e8-8a85-04b8afea6ea3 | title=WeWork raises $3bn from SoftBank as losses balloon | last=Evans | first=Judith | work=Financial Times | date=November 13, 2018 | url-access=subscription}}

In 2018, the company purchased a Gulfstream G650 business jet for more than $60 million, cited as an example of CEO Adam Neumann's excessive spending.{{cite news | last=Brown | first=Eliot | url=https://www.wsj.com/articles/this-is-not-the-way-everybody-behaves-how-adam-neumanns-over-the-top-style-built-wework-11568823827 | title='This Is Not the Way Everybody Behaves.' How Adam Neumann's Over-the-Top Style Built WeWork. | work=The Wall Street Journal | date=September 18, 2019 | url-access=subscription}}

In September 2018, the company eliminated broad-based employee non-compete clauses to settle a lawsuit from the Attorney General of New York.{{Cite news | url=https://fortune.com/2018/09/18/wework-drops-noncompete-settlement/ | title=WeWork Settles With New York, Drops Broad Employee Non-Compete Clauses | first=GLENN | last=FLEISHMAN | work=Fortune | date=September 18, 2018}}

WeWork lost over $2 billion in 2018.

In January 2019, WeWork raised an additional $2 billion from SoftBank at a $47 billion valuation. SoftBank considered investing as much as $16 billion but downsized plans due to turbulence in financial markets and opposition from investors. The investment brought SoftBank's total funding in WeWork to over $10 billion.{{Cite news | url=https://www.wsj.com/articles/wework-raises-additional-capital-from-softbank-11546967337 | title=WeWork Raises Additional Capital From SoftBank | last=Prang | first=Allison | work=The Wall Street Journal | date=January 8, 2019 | url-access=subscription}}{{Cite news | url=https://techcrunch.com/2019/01/07/for-softbank-no-majority-stake-in-wework-as-it-scales-down-talks-from-a-new-16-billion-investment-to-2-billion/ | title=For SoftBank, no majority stake in WeWork as it scales down talks from a new $16 billion investment to $2 billion | first=Connie | last=Loizos | work=TechCrunch | date=January 7, 2019}}

In April 2019, WeWork acquired Managed by Q, a platform that office tenants can use to hire service providers.{{Cite news | url=https://www.wsj.com/articles/wework-acquires-managed-by-q-seeking-to-expand-beyond-office-leases-11554307201 | title=WeWork Acquires Managed by Q, Seeking to Expand Beyond Office Leases | last=Geron | first=Tomio | work=The Wall Street Journal | date=April 3, 2019 | url-access=subscription | issn=0099-9660}} It was sold at a loss in March 2020.{{Cite news | url=https://techcrunch.com/2020/03/03/confirmed-managed-by-q-sells-to-rival-eden-for-just-11-of-what-wework-paid-for-it-last-year/ | title=Confirmed: Managed by Q sells to rival Eden for what sources say is just 11% of what WeWork paid for it last year | first=Connie | last=Loizos | work=TechCrunch | date=March 3, 2020}} On April 29, 2019, WeWork filed a draft registration statement for a proposed initial public offering.{{Cite press release | url=https://www.businesswire.com/news/home/20190429005696/en/Company-Announces-Confidential-Submission-Draft-Registration-Statement | title=The We Company Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering | publisher=Business Wire | date=April 29, 2019}} By July 2019, Adam Neumann had liquidated $700 million of his WeWork stock.{{Cite news | url=https://www.wsj.com/articles/wework-co-founder-has-cashed-out-at-least-700-million-from-the-company-11563481395 | title=WeWork Co-Founder Has Cashed Out at Least $700 Million Via Sales, Loans | first1=Eliot | last1=Brown | first2=Maureen | last2=Farrell | first3=Anupreeta | last3=Das | work=The Wall Street Journal | date=July 18, 2019 | url-access=subscription}}

On August 14, 2019, the company filed Form S-1 in preparation for an initial public offering.{{Cite news |url=https://www.nytimes.com/2019/11/02/business/adam-neumann-wework-exit-package.html | archive-url=https://web.archive.org/web/20191102160054/https://www.nytimes.com/2019/11/02/business/adam-neumann-wework-exit-package.html | archive-date=2019-11-02 | id={{Gale|A604582176}} | via=Cengage | title=Adam Neumann and the Art of Failing Up |last=Chozick |first=Amy |work=The New York Times |date=November 2, 2019 | url-access=limited |issn=0362-4331}}{{cite news | last=Lopatto | first=Elizabeth | title=We Work isnt't a Tech Company; It's a Soap Opera | url=https://www.theverge.com/2019/8/15/20806366/we-company-wework-ipo-adam-neumann | work=The Verge | date=August 5, 2019}} The filing revealed significant losses, expensive lease agreements, and a complex relationship with founder Adam Neumann.{{Cite news | url=https://asia.nikkei.com/Business/Companies/WeWork-s-IPO-filing-reveals-heavy-losses-in-Asia | title=WeWork's IPO filing reveals heavy losses in Asia | work=Nikkei Asia | date=August 15, 2019}}{{Cite news | url=https://www.cnbc.com/2019/08/17/wework-ipo-filing-strangest-and-most-alarming-things.html | title=The strangest and most alarming things in WeWork's IPO filing | first=Annie | last=Palmer | work=CNBC | date=August 17, 2019}} It also disclosed $47 billion of future lease obligations and only $4 billion of future lease commitments.{{cite news | url=https://www.businessinsider.com/wework-47-billion-and-4-billion-lease-disparity-dangerous-recipe-2019-8 | title=2 big numbers — $4 billion and $47 billion — sum up WeWork's business model and the risky reason it could collapse in a recession | last=Wolverton | first=Troy | work=Business Insider | date=August 21, 2019 | archive-url=https://web.archive.org/web/20190913182813/https://www.businessinsider.com/wework-47-billion-and-4-billion-lease-disparity-dangerous-recipe-2019-8 | archive-date=September 13, 2019 | url-status=live}}{{Cite web | title=FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 | url=https://www.sec.gov/Archives/edgar/data/1533523/000119312519220499/d781982ds1.htm | publisher=U.S. Securities and Exchange Commission | date=August 24, 2019}} The company was then "besieged with criticism over its governance, business model, and ability to turn a profit."

The company changed the legal name of WeWork to We Company and, according to the August 2019 Form S-1 filing, the firm paid $5.9 million to an entity owned by Adam Neumann and other WeWork founders for brand licensing the name.{{cite news | last=Pressman | first=Aaron | url=https://fortune.com/2019/08/16/wework-ipo-adam-neumann-loans/ | title=Inside the Bananas, Bonkers, and Unbelievable WeWork IPO Filing—Data Sheet | work=Fortune | date=August 16, 2019 | archive-url=https://web.archive.org/web/20190816180426/https://fortune.com/2019/08/16/wework-ipo-adam-neumann-loans/ | archive-date=August 16, 2019 | url-status=live}}{{Cite web | title=Form S-1: Registration Statement | publisher=United States Securities and Exchange Commission | url=https://sec.report/Document/0001193125-19-220499/ | date=August 15, 2019}} In early September 2019, Neumann returned the $5.9 million to the company for the use of the trademark and gave the company all of the trademark rights for the "We" family trademarks.{{cite news | last=Lutz | first=Eric | url=https://www.vanityfair.com/news/2019/09/wework-adam-neumann-returns-6-million | title=Adam Neumann Returns $6 Million He Squeezed From WeWork | work=Vanity Fair | date=September 6, 2019 | archive-url=https://web.archive.org/web/20190906134759/https://www.vanityfair.com/news/2019/09/wework-adam-neumann-returns-6-million |archive-date=September 6, 2019 | url-status=live}}

On August 27, 2019, WeWork acquired Spacious, a company that leases unused space from restaurants during daytime hours and then rents this space to remote workers.{{cite news | url=https://fortune.com/2019/08/27/wework-consolidation-spacious-acquisition/ | title=WeWork Continues Consolidation Spree with Acquisition of Spacious | last=Sraders | first=Anne | work=Fortune | date=August 27, 2019}} Spacious was shut down 4 months later, in December 2019.{{Cite news | url=https://www.vox.com/recode/2019/12/12/21012723/wework-spacious-shutting-down-adam-neumann-coworking | title=WeWork is shutting down a restaurant coworking startup it acquired only 4 months ago | first=Shirin | last=Ghaffary | work=Recode | date=December 12, 2019}}

On September 4, 2019, WeWork added its first female director, Harvard Business School professor Frances Frei, to the company's board of directors.

On September 13, 2019, the company announced changes to its corporate governance to include the ability for the board of directors to pick a new CEO and not having CEO Adam Neumann's family members on the board. Neumann also agreed to transfer to the company any profits from his real estate deals with the company.{{cite news | last1=Platt | first1=Eric | last2=Fontanella-Khan | first2=James | last3=Samson | first3=Adam | url=https://www.ft.com/content/ec754e00-d610-11e9-8367-807ebd53ab77 | title=WeWork overhauls corporate governance in bid to save IPO | work=Financial Times | date=September 13, 2019 | url-access=subscription}}{{Cite news | url=https://www.bloomberg.com/news/articles/2019-09-28/wework-was-a-family-affair-until-things-got-complicated | title=WeWork Was a Family Affair, Until Things Got Complicated | last1=Tan | first1=Gillian | last2=Huet | first2=Ellen | work=Bloomberg News | date=September 28, 2019 | url-access=subscription}}

On September 17, 2019, amid growing investor concerns over its corporate governance, valuation, and outlook for the business, WeWork formally withdrew its S-1 filing and announced the postponing of its IPO.{{cite news | url=https://www.cbsnews.com/news/wework-ipo-delayed-despite-a-hot-year-for-ipos-weworks-stock-sale-is-delayed/ | title=Despite a hot year for IPOs, WeWork's stock sale is delayed | work=CBS News | date=September 17, 2019}} At that time, the reported public valuation of the company was around $10 billion,{{cite news |last=Palmer |first=Annie |url=https://www.cnbc.com/2019/09/30/wework-says-it-will-file-request-to-withdraw-its-ipo-prospectus-after-roadshow-management-turmoil.html |title=WeWork pulls IPO filing | work=CNBC |date=September 30, 2019}} a reduction from the $47 billion valuation it achieved in January and less than the $12.8 billion it had raised since 2010.{{ cite news | url=https://www.reuters.com/article/us-wework-ipo/wework-parent-says-ipo-still-on-despite-setbacks-idUSKBN1W12T6 | title=WeWork delays IPO after frosty investor response | last=Franklin | first=Joshua | work=Reuters | date=September 16, 2019 | archive-url=https://web.archive.org/web/20190917232042/https://www.reuters.com/article/us-wework-ipo/wework-parent-says-ipo-still-on-despite-setbacks-idUSKBN1W12T6 | archive-date=September 17, 2019 | url-status=live}} In mid-September 2019, unrelated to the company's delayed initial public offering, Wendy Silverstein, the co-head of WeWork's real estate investment fund ARK, departed the company.{{Cite news | url=https://therealdeal.com/national/2019/09/20/wendy-silverstein-boss-of-weworks-real-estate-fund-is-out/ | title=Wendy Silverstein, co-head of WeWork's real-estate fund, is out | work=The Real Deal | date=September 20, 2019}} By September 23, 2019, SoftBank wanted Neumann removed as chief executive.{{cite news | url=https://www.washingtonpost.com/business/2019/09/23/adam-neumanns-chaotic-energy-built-wework-now-it-might-cost-him-his-job-ceo/ | title=Adam Neumann's chaotic energy built WeWork. Now it might cost him his job as CEO. | last=Telford | first=Taylor | newspaper=The Washington Post | date=September 23, 2019}} The following day, amid mounting pressure from investors, company co-founder Adam Neumann resigned as CEO and gave up majority voting control in WeWork. Artie Minson and Sebastian Gunningham were named co-CEOs of the company.{{Cite news | url=https://www.cnbc.com/2019/09/24/wework-co-ceos-sebastian-gunningham-and-artie-minson-an-overview.html | title=WeWork's new co-CEOs have experience at tech giants like Amazon and AOL | first1=Ari | last1=Levy | first2=Eugene | last2=Kim | work=CNBC | date=September 24, 2019}} That same day, WeWork put its Gulfstream G650 aircraft up for sale. Critics said the plane had become a "red flag in the leadup to the company's IPO" and had created problems with employees who didn't receive promised bonuses or raises.{{cite news | title=WeWork is selling the company's $60 million luxurious private jet that Adam Neumann and his family personalized and used to fly all over the world | url=https://www.businessinsider.com/wework-is-putting-neumanns-60-million-jet-up-for-sale-2019-9 | last=Morris | first=Meghan | work=Business Insider | date=September 26, 2019}}

In October 2019, Neumann received close to $1.7 billion from SoftBank for resigning from WeWork's board of directors and severing most of his ties to the company.{{cite news | url=https://www.wsj.com/articles/softbank-to-take-control-of-wework-11571746483 | first1=Maureen | last1=Farrell | first2=Eliot | last2=Brown | title=SoftBank to Boost Stake in WeWork in Deal That Cuts Most Ties With Neumann | work=The Wall Street Journal | date=October 22, 2019 | url-access=subscription}} The $1.7 billion included $970 million for his remaining shares, a $185 million consulting fee, and a $500 million credit to assist him to repay his loans to JPMorgan Chase.{{Cite news | url=https://www.cnbc.com/2019/10/22/weworks-adam-neumann-to-get-200-million-to-leave-board-report-says.html | title=WeWork's Adam Neumann offered package worth up to $1.7 billion to step down from board | last1=Haselton | first1=Todd | last2=Sherman | first2=Alex | work=CNBC | date=October 22, 2019}} He was retained as a consultant with an annual salary of $46 million.

In October 2019, WeWork abandoned plans to open an office in the U.S. Steel Tower in downtown Pittsburgh. The company had planned to build out as much as 105,000 square feet in the building.{{Cite news | url=https://www.post-gazette.com/business/development/2019/10/16/WeWork-U-S-Steel-Tower-Downtown-IPO-coworking-lease/stories/201910160186 | title=WeWork abandons plans for U.S. Steel Tower office | first=Mark | last=Belko | work=Pittsburgh Post-Gazette | date=October 16, 2019 | url-access=subscription}}{{Cite news | url=https://www.bizjournals.com/pittsburgh/news/2019/10/16/sources-wework-deal-at-600-grant-street-falls.html | title=WeWork deal at 600 Grant Street falls through | first=Tim | last=Schooley | work=American City Business Journals | date=October 16, 2019}}

On October 14, 2019, WeWork warned clients that approximately 1,600 office phone booths at some of its offices in Canada and the United States were tainted with formaldehyde. The company said another 700 phone booths would possibly be taken out of service as a precautionary measure. This situation came to the attention of the company after some members reported eye irritation and a strong odor.{{cite news | url=https://www.cnbc.com/2019/10/14/wework-office-phone-booths-formaldehyde.html | title=WeWork alerts members that at least 1,600 of its office phone booths are tainted with formaldehyde | last=Palmer | first=Annie | work=CNBC | date=October 14, 2019}}{{Cite news | url=https://techcrunch.com/2019/10/14/wework-pulls-thousands-of-phone-booths-out-of-service-over-formaldehyde-scare/ | title=WeWork pulls thousands of phone booths out of service over formaldehyde scare | first=Natasha | last=Lomas | work=TechCrunch | date=October 14, 2019}}{{Cite news | url=https://www.nytimes.com/2019/10/14/nyregion/wework-phone-booths-formaldehyde.html | title=WeWork Warns Tenants That 2,300 Phone Booths May Be a Hazard | first=Ed | last=Shanahan | work=The New York Times | date=October 14, 2019 | url-access=limited}}{{Cite news | url=https://www.theguardian.com/business/2019/oct/14/wework-phone-booths-formaldehyde-cancer | title=Cancer-causing chemical found in WeWork phone booths | agency=Reuters | work=The Guardian | date=October 14, 2019}}

On November 6, 2019, SoftBank Group wrote-down $9.2 billion on its investments in WeWork, approximately 90% of the $10.3 billion SoftBank invested in WeWork.{{cite news | last=Sherman | first=Erik | url=https://fortune.com/2019/11/06/softbank-wework-uber-write-down/ | title=SoftBank Group Writes Down $9.2 Billion on WeWork—and That's Only the Beginning of the Bad News | work=Fortune | date=November 6, 2019}} On November 21, 2019, WeWork announced layoffs of 2,400 employees, almost 20% of its workforce globally.{{cite news | last=Palmer | first=Annie | url=https://www.cnbc.com/2019/11/21/wework-lays-off-2400-employees.html | title=WeWork lays off 2,400 employees | work=CNBC | date=November 21, 2019}}

In January 2020, WeWork began phasing out free beer at all North American co-working locations and announced plans for a slower growth rate.{{cite news | last=Mak | first=Aaron | url=https://slate.com/technology/2020/01/wework-free-beer-tap-phasing-out.html | title=Are WeWorks in Revolt Now That the Company Is Taking Away Free Beer? | work=Slate | date=January 29, 2020}}{{cite news | last=Marinova | first=Polina | url=https://fortune.com/2020/01/22/wework-founders-miguel-mckelvey-softbank-strategy/ | title=WeWork's other cofounder has a plan to save the company. It's the opposite of what Adam Neumann envisioned. | work=Fortune | date=January 22, 2020}} On February 1, 2020, WeWork announced that Sandeep Mathrani, a former senior executive at GGP Inc. and Brookfield Property Partners, would become CEO of the company, effective February 18, 2020.{{cite news | last=Eavis | first=Peter| url=https://www.nytimes.com/2020/02/01/business/wework-chief-executive.html | title=WeWork to Name New Chief | work=The New York Times | date=February 1, 2020 | url-access=limited}} On February 3, 2020, WeWork opened its first location in the Middle East outside of Israel{{cite news |url=https://www.haaretz.com/israel-news/business/2014-12-16/ty-article/.premium/wework-brings-its-new-kind-of-office-to-israel/0000017f-e04c-d7b2-a77f-e34fda020000 |title=WeWork Brings Its New Kind of Office to Israel | first=David | last=Rosenberg | work=Haaretz |date=18 December 2014}} in Abu-Dhabi's technology park Hub 71 under the name WeWork x Hub 71.{{Cite news | url=https://me.mashable.com/tech/8978/wework-comes-to-the-uae | title=WeWork comes to the UAE | work=Mashable | date=February 3, 2020}}

In February 2020, the company began closing locations temporarily due to the COVID-19 pandemic.{{cite news | last1=Feuer | first1=William | last2=Lovelace | first2=Berkeley | url=https://www.cnbc.com/2020/02/10/coronavirus-latest-updates.html | title=Coronavirus live updates: WeWork closes 100 buildings, UK confirms new cases | work=CNBC | date=February 10, 2020}} In late March 2020, WeWork laid off 250 employees in an effort to lower expenses, followed by another round of employee layoffs at the end of April 2020.{{Cite news | title=WeWork Cuts Another 250 Jobs in Further Attempt to Trim Costs | url=https://www.bloomberg.com/news/articles/2020-03-28/wework-cuts-another-250-jobs-in-further-attempt-to-trim-costs | last1=Huet | last2=Tan | first1=Ellen | first2=Gillian | work=Bloomberg News | date=March 28, 2020 | url-access=subscription}}{{Cite news | title=WeWork Unraveling Continues With New Layoff Round | url=https://www.forbes.com/sites/samanthasharf/2020/04/30/wework-unraveling-continues-with-new-layoff-round/ | last=Sharf | first=Samantha | work=Forbes | date=April 30, 2020 | url-access=limited}}

In April 2020, SoftBank, then the largest shareholder of WeWork, cancelled its $3 billion tender offer to buy shares directly from some of WeWork's other major stockholders, citing failure by WeWork to obtain certain regulatory approvals, new criminal and civil investigations, and required COVID-19 lockdowns as reasons for withdrawing the offer.{{Cite news | url=https://techcrunch.com/2020/04/02/softbank-terminates-3bn-tender-offer-for-wework-shares/ | title=SoftBank terminates $3B tender offer for WeWork shares | last=Lomas | first=Natasha | work=TechCrunch | date=April 2, 2020}} SoftBank was then sued by WeWork{{Cite news | url=https://www.cnbc.com/2020/04/07/wework-sues-softbank-over-withdrawal-of-3-billion-tender-offer.html | title=WeWork board sues SoftBank over withdrawal to buy $3 billion worth of shares | first1=Lauren | last1=Feiner | first2=Alex | last2=Sherman | work=CNBC | date=April 7, 2020}} and former CEO Adam Neumann.{{Cite news | title=Adam Neumann, WeWork's Former Chief, Sues SoftBank | url=https://www.nytimes.com/2020/05/05/business/adam-neumann-softbank-lawsuit.html | last=Eavis | first=Peter | work=The New York Times | date=May 5, 2020 | url-access=limited}} The lawsuits were settled in February 2021; terms were not disclosed.{{Cite news | url=https://www.reuters.com/article/us-softbank-group-wework-settlement/softbank-reaches-settlement-with-former-wework-ceo-neumann-idUSKBN2AQ34U | title=SoftBank reaches settlement with former WeWork CEO Neumann | first=Shariq | last=Khan | work=Reuters | date=February 26, 2021}}

In June 2020, McKelvey left WeWork.{{Cite news | last=Bosa | first=Deirdre | title=WeWork co-founder Miguel McKelvey is leaving at the end of the month | url=https://www.cnbc.com/2020/06/05/wework-co-founder-miguel-mckelvey-is-leaving-at-the-end-of-the-month.html | work=CNBC | date=June 5, 2020}}

In September 2020, the company sold a majority interest in its China business for $200 million.{{Cite news | url=https://www.cnbc.com/2020/09/24/wework-sells-majority-stake-in-its-china-business-for-200-million-.html | title=WeWork sells majority stake in its China business for $200 million as cost cutting continues | first=Sam | last=Shead | work=CNBC | date=September 24, 2020}}

In 2020, the company vacated 66 locations and negotiated lower rent, deferrals, or other lease changes at more than 150 others.{{Cite news | title=WeWork's Revenue and Membership Shrink in Third Quarter | url=https://www.bloomberg.com/news/articles/2020-11-12/wework-s-revenue-and-membership-shrinks-in-third-quarter | work=Bloomberg News | date=November 12, 2020 | url-access=subscription}}

In April 2021, WeWork was sued by landlord Walter & Samuels for breach of contract when it closed locations and failed to pay rent.{{cite news | url=https://therealdeal.com/2021/04/23/wework-slapped-with-37m-lawsuit-by-chelsea-landlord/ | title=WeWork slapped with $37M lawsuit by Chelsea landlord | first=Akiko | last=Matsuda | work=The Real Deal | date=April 23, 2021}}{{Cite news | url=https://www.bisnow.com/new-york/news/coworking/manhattan-landlord-accuses-wework-of-skipping-rent-and-surreptitiously-trying-to-move-members-to-new-building-108651 | title=WeWork Sued For $37M After Landlord Says It Skipped Rent, 'Surreptitiously' Moved Members Elsewhere | first=Miriam | last=Hall | work=Bisnow Media | date=April 26, 2021}} WeWork then paid off its arrears but the landlord faced foreclosure after defaulting on the mortgage loan.{{Cite news | url=https://therealdeal.com/new-york/2023/09/21/walter-samuels-faces-midtown-foreclosure-after-wework-split/ | title=Walter & Samuels faces Midtown foreclosure after WeWork split | work=The Real Deal | date=September 21, 2023}} In May 2021, WeWork was also sued by landlord Oxford Properties Group for failing to pay $1.8 million in rent.{{Cite news | url=https://www.bizjournals.com/boston/news/2021/05/20/wework-closes-doors-at-south-station-coworking.html | title=WeWork sued for $1.8M in back rent after closing South Station coworking space | first=Catherine | last=Carlock | work=American City Business Journals | date=May 20, 2021 | url-access=subscription}}{{update inline|date=December 2023}}

In August 2021, WeWork was one of five co-working providers selected by the General Services Administration to provide services for the Federal government of the United States.{{Cite news | url=https://www.bizjournals.com/washington/news/2021/08/26/wework-deskpass-chosen-for-federal-coworking.html | title=GSA picks five coworking providers, WeWork included, to serve the federal workforce | first=Tristan | last=Navera | work=American City Business Journals | date=August 26, 2021}}

In October 2021, the company became a public company via a $9 billion merger with BowX Acquisition Corp., a special-purpose acquisition company, and shares of WeWork began trading on the New York Stock Exchange.{{cite news | first1=Grace | last1=Dean | first2=Theron | last2=Mohamed | url=https://www.businessinsider.com/wework-spac-bowx-merger-public-2021-3 | title=WeWork has agreed to become a public company via a SPAC merger. The deal values it at $9 billion, less than a quarter of its 2019 valuation. | work=Business Insider | date=March 26, 2021}}{{Cite news | last2=Putzier | first1=Maureen | last1=Farrell | first2=Konrad | title=WeWork in Talks to Combine With SPAC or Raise Money Privately | url=https://www.wsj.com/articles/wework-in-talks-to-combine-with-spac-or-raise-money-privately-11611857306 | work=The Wall Street Journal | date=January 28, 2021 | url-access=subscription | issn=0099-9660}} Mathrani remained as CEO but Vivek Ranadivé from BowX and Deven Parekh from Insight Partners joined the new board of directors.{{Cite news | last=Turner | first=Giles | title=WeWork agrees to $9 billion SPAC deal in new path to go public | url=https://fortune.com/2021/03/26/wework-spac-merger-going-public/ | work=Fortune | date=March 26, 2021}}{{cite news | last1=Subin | first1=Samantha | title=WeWork shares jump more than 13% in public markets debut after SPAC merger | url=https://www.cnbc.com/2021/10/21/wework-goes-public-through-spac-.html | work=CNBC | date=October 21, 2021}}

In October 2021, WeWork announced a partnership with Cushman & Wakefield that included a $150 million investment in WeWork.{{Cite press release | url=https://www.cushmanwakefield.com/en/news/2021/10/strategic-investment-in-wework | title=CUSHMAN & WAKEFIELD MAKES STRATEGIC INVESTMENT OF $150 MILLION IN WEWORK | publisher=Cushman & Wakefield | date=October 29, 2021}}{{Cite news | url=https://www.wsj.com/articles/wework-and-cushman-wakefield-are-forming-150-million-partnership-11628510443 | title=WeWork and Cushman & Wakefield Are Forming $150 Million Partnership | first=Peter | last=Grant | work=The Wall Street Journal | date=August 9, 2021 | url-access=subscription}}

In January 2022, WeWork announced the acquisition of Common Desk.{{Cite news | url=https://www.bizjournals.com/dallas/news/2022/01/25/common-desk-acquired-by-wework.html | title=WeWork acquiring DFW co-working company Common Desk | first=Brian | last=Womack | work=American City Business Journals | date=January 25, 2022 | url-access=subscription}}{{Cite news | url=https://therealdeal.com/texas/2022/01/25/wework-buys-dallas-based-common-desk-in-first-acquisition-since-going-public/ | title=WeWork buys Dallas-based Common Desk in first acquisition since going public | first=Maddy | last=Sperling | work=The Real Deal | date=January 25, 2022 | url-access=limited}}

In March 2022, due to the international sanctions during the Russian invasion of Ukraine, WeWork closed its offices in Russia.{{Cite news |last=Dean |first=Grace |date=March 8, 2022 |title=WeWork says it will close its Moscow offices, a week after its CEO said there were no plans to leave the Russian market |work=Business Insider |url=https://www.businessinsider.com/wework-russia-ukraine-closing-moscow-offices-sandeep-mathrani-coworking-putin-2022-3}} Later in 2022, the company announced that it was developing a software product with Yardi Systems called WeWork Workplace.{{Cite news |url=https://www.bqprime.com/business/wework-workplace-seeks-to-restore-some-past-tech-glory |title=WeWork Wants to Be a Tech Company Again, Sort Of |last=Huet |first=Ellen | work=BQ Prime | date=April 13, 2022}}

In May 2022, WeWork named Andre Fernandez as its CFO. He replaced Benjamin Dunham, who departed after 18 months at the company.{{Cite news | url=https://therealdeal.com/2022/05/27/wework-names-new-cfo/ | title=WeWork Names Andre Fernandez as CFO | work=The Real Deal | date=May 27, 2022 | url-access=limited}}

In May 2023, facing financial trouble, the company exchanged its debt for debt with longer maturities, offering interest rates as high as 15.00%.{{Cite news | url=https://www.lw.com/en/news/2023/05/latham-watkins-advises-on-wework-debt-exchange-offers | title=Latham & Watkins Advises on WeWork’s Debt Exchange Offers | work=Latham & Watkins | date=May 10, 2023}}

As of the end of June 2023, the firm had more than 700 locations in 39 countries worldwide.{{Cite news | url=https://www.bbc.com/news/business-67291902 |title=WeWork to start closing some offices around the world | first=Will | last=Bain |work=BBC News |date=2 November 2023}} At the time, WeWork spent more than 80% of its revenue on rent and interest, paying over $2.7 billion a year.{{Cite news | last1=Brown | first1=Eliot | last2=Putzier | first2=Konrad | title=Adam Neumann Wounded WeWork, an Office Market Bust Finished It Off | url=https://www.wsj.com/real-estate/commercial/adam-neumann-wework-office-market-bust-bankruptcy-0fa6611a |work=The Wall Street Journal | date=November 2, 2023 | url-access=subscription}}

By August 2023, with Chapter 11 bankruptcy imminent, the company hired Alvarez and Marsal to advise on a restructuring.{{Cite news | url=https://www.consultancy.uk/news/35236/wework-hires-alvarez-marsal-for-lifeline-restructuring | title=WeWork hires Alvarez & Marsal for lifeline restructuring | work=Consultancy.uk | date=30 August 2023}} It also received a cash infusion from BlackRock, King Street Capital Management, and Brigade Capital as part of a potential bankruptcy plan.{{Cite news |url=https://www.reuters.com/business/wall-street-funds-explore-potential-bankruptcy-plan-wework-wsj-2023-08-24/ |title=Wall Street funds explore potential bankruptcy plan for WeWork - WSJ | first=Nathan | last=Gomes | editor-first=Krishna Chandra | editor-last=Eluri | work=Reuters | date=August 24, 2023n}}{{cite news | last1=Basu | first1=Reshmi | last2=Hudson | first2=Erin | url=https://www.bloomberg.com/news/articles/2023-10-26/wework-backers-king-street-softbank-at-odds-over-restructuring | title=WeWork's Creditors Are Fighting Over Control of the Restructured Company | work=Bloomberg News |date=26 October 2023 | url-access=subscription}}{{Cite news | url=https://www.cnn.com/2023/11/01/investing/wework-shares-plunge-bankruptcy-reports/index.html | title=WeWork's shares plunge amid bankruptcy reports | first=Hanna | last=Ziady | work=CNN | date=November 1, 2023}}

In November 2023, the company filed bankruptcy in the United States District Court for the District of New Jersey, listing liabilities of approximately $10 billion to $50 billion.{{cite news | url=https://abcnews.go.com/Business/caused-wework-bankruptcy-matter/story?id=104686140 | title=What caused the WeWork bankruptcy, and why does it matter? | work=ABC | date=November 7, 2023}} The company also filed recognition proceedings in Canada under Part IV of the Companies' Creditors Arrangement Act. Locations outside the United States and Canada and WeWork franchisees were not part of the bankruptcy.{{Cite news | url=https://www.cnbc.com/amp/2023/11/07/wework-files-for-bankruptcy.html |title=WeWork, once valued at $47 billion, files for bankruptcy | first=Rohan | last=Goswami | work=CNBC | date=November 6, 2023}}{{Cite news | url=https://www.cbsnews.com/news/wework-bankruptcy-filing-coworking-office-space/ |title=WeWork — once one of the world's hottest startups — declares bankruptcy | first=Khristopher J. | last=Brooks | editor-first=Jordan | editor-last=Freiman | work=CBS News | date=November 6, 2023}}{{Cite news | url=https://www.ft.com/content/775ec01c-1f57-4105-bbc2-b048865056f7 | title=WeWork files for bankruptcy amid office market downturn | first1=Sujeet | last1=Indap | first2=Eric | last2=Platt | first3=Joshua | last3=Oliver | work=Financial Times | date=November 7, 2023}} SoftBank made a $1.5 billion payment to Goldman Sachs and other creditors days prior to WeWork's bankruptcy because SoftBank guaranteed WeWork's loans.{{cite news |title=SoftBank paid $1.5bn to WeWork lenders including Goldman Sachs days before bankruptcy |url=https://www.ft.com/content/020d78ab-c487-4586-a636-eced0368f531 | first1=Eric | last1=Platt | first2=Ortenca| last2=Aliaj | location=New York City | work=Financial Times | date=November 8, 2023}}{{Cite news | url=https://www.theguardian.com/business/2023/nov/08/wework-bankruptcy-softbank-lender | title=SoftBank paid WeWork lenders almost $1.5bn before bankruptcy filing | first=Callum | last=Jones | work=The Guardian | date=November 8, 2023}}{{Cite news | url=https://www.thetimes.com/business-money/article/softbank-lost-1-5bn-as-wework-sank-pcg3m07l9 | title=SoftBank lost $1.5bn as WeWork sank | first=Emily | last=Gosden | work=The Times | date=November 9, 2023 | url-access=subscription}}

On 30 May 2024, the company emerged from bankruptcy after a deal was reached with creditors and approved by the courts. The bankruptcy proceedings included a failed bid by Adam Neumann to buy the company for $500 million. Instead, Yardi Systems, a real estate technology provider and creditor to WeWork, invested $337 million, acquiring a 60% stake, and Anant Yardi was added to the board of directors of WeWork. An additional $113 million was invested by hedge funds in exchange for a 20% stake.{{Cite news | url=https://www.bbc.com/news/articles/cljj3nxze6lo |title=WeWork set to emerge from bankruptcy | work=BBC News | date=May 30, 2024}}{{Cite news |author=Shivangini |title=Anant Yardi, successor to Adam Neumann, takes over as CEO of WeWork post-bankruptcy |url=https://www.livemint.com/companies/people/wework-appoints-anant-yardi-as-new-ceo-to-lead-company-post-bankruptcy-adam-neumanns-successor-11717135476070.html | work=Mint |date=May 31, 2024}} John Santora, formerly an executive at Cushman & Wakefield, was appointed as CEO the following month.{{Cite news |url=https://apnews.com/article/wework-bankrutpcy-chapter-11-emergence-24a8de16e9e7e401ff63f536de65bc86 |title=WeWork has emerged from bankruptcy. What’s next for the co-working office space provider? |last=Grantham-Phillips |first=Wyatte | work=AP News | date=June 12, 2024}}{{Cite news | url=https://www.cnbc.com/2024/06/11/wework-announces-emergence-from-bankruptcy-names-john-santora-ceo-chapter-11.html | title=WeWork emerges from bankruptcy, announces John Santora as new CEO | first=Genna | last=Contino | work=CNBC | date=June 11, 2024}} As part of the bankruptcy reorganization, the company eliminated $4 billion in debt, cancelled leases at about 160 of its 450 locations and amended more than 170 office leases.{{Cite news | url=https://www.theguardian.com/business/article/2024/may/30/wework-bankruptcy-plan-approved | title=WeWork eliminates $4bn in debt after judge approves bankruptcy plan | work=The Guardian | date=May 30, 2024}}{{Cite news | url=https://www.reuters.com/business/finance/wework-reaches-settlement-with-creditors-rebuffs-neumann-bid-2024-04-29/ | title=WeWork reaches settlement with creditors, rebuffs Neumann bid | first=Dietrich | last=Knauth | work=Reuters | date=April 29, 2024}}{{Cite news | url=https://www.thetimes.com/business-money/companies/article/wework-announces-restructuring-plan-that-cancels-4bn-in-debt-pdff86wb2 | title=WeWork announces restructuring plan that cancels $4bn in debt | work=The Times | date=29 April 2024 | url-access=subscription}}{{Cite news | url=https://www.standard.co.uk/business/business-news/wework-hopes-to-turn-a-corner-after-painful-global-restructuring-b1162139.html | title=WeWork hopes to turn a corner after ‘painful’ global restructuring | first=Anna | last=Wise | work=Evening Standard | date=June 5, 2024}}

In June 2024, WeWork sold its stake in WeWork India to Embassy Group, exiting the Indian market.{{cite news |url=https://www.business-standard.com/companies/news/wework-gets-cci-nod-to-sell-stake-in-local-unit-exit-indian-market-124061900384_1.html |title=WeWork gets CCI nod to sell stake in local unit, exit Indian market | first=Raghav | last=Aggarwal | location=New Delhi | work=Business Standard | date=June 19, 2024}}

In December 2024, the company leased 304,000 square feet at 330 W. 34th Street in Manhattan, to be fully leased to Amazon.com, in one of the largest leases of Manhattan office space that year.{{Cite news | url=https://www.costar.com/article/975075250/wework-amazon-partner-on-one-of-manhattans-largest-office-leases-this-year | title=WeWork, Amazon partner on one of Manhattan’s largest office leases this year | first=Andria | last=Cheng | work=CoStar Group | date=December 2, 2024}}

In the fourth quarter of 2024, the company reached break-even EBITDA for the first time, although it still was not profitable.{{Cite news | url=https://time.com/7272877/wework-ceo-john-santora-interview/ | title=How CEO John Santora Is Helping WeWork Grow Up | first=Alana | last=Semuels | work=Time | date=March 30, 2025}}

In the first quarter of 2025, EBITDA was once again positive, but the company was still cash flow negative as it spent money to upgrade locations.{{Cite news | url=https://www.costar.com/article/1442708605/smaller-wework-shows-improvement-in-key-profitability-measure | title=Smaller WeWork shows improvement in key profitability measure | first=Andria | last=Cheng | work=CoStar Group | date=8 May 2025}}

In October 2018, former WeWork director of culture Ruby Anaya filed a sexual harassment lawsuit claiming that at a company event in January 2018, a male employee grabbed her by the waist and forcibly kissed her and that in August 2017, a different employee grabbed Anaya from behind in a "sexual manner".{{Cite news | url=https://www.vox.com/2018/10/12/17968668/wework-employee-sexual-assaults-lawsuit | title=A former WeWork employee is suing the company over alleged sexual assaults fueled by 'frat-boy culture' | first=Shirin | last=Ghaffary | work=Vox Media | date=October 12, 2018}} The suit highlighting the company's "frat-boy culture" also alleged that co-founder Neumann "plied [her] with tequila shots during her interview with the company."{{cite news | url=https://www.cnn.com/2018/10/12/tech/wework-sexual-harassment/index.html |title=Former WeWork employee sues for sexual harassment, retaliation | last=O'Brien | first=Ashley |work=CNN |date=October 12, 2018}}{{cite news |url=https://www.nbcchicago.com/news/business/NYC-Woman-Fired-by-WeWork-After-Reporting-Sexual-Assaults-By-Two-Male-WeWork-Employees-Lawsuit-Claims-497001121.html | title=NYC Woman Assaulted by Two WeWork Employees Amid 'Frat-Boy Culture' That Pervades Coworking Company, Lawsuit Claims | last=Rajamani |first=Maya | work=WMAQ-TV | date=October 12, 2018}} Shortly after this claim was made, WeWork put an end to its unlimited beer for employees and implemented a policy of only four beers per day in the New York office.{{cite news |url=https://therealdeal.com/2018/11/02/unlimited-beer-is-no-longer-a-thing-at-wework/ |title=Party foul? Unlimited beer is no longer a thing at WeWork | last=Small | first=Eddie |work=The Real Deal |date=November 2, 2018}}{{update inline|date=December 2023}}

In June 2019, WeWork was sued by the former head of compensation, Lisa Bridges, for gender-based pay discrimination, particularly in granting stock options. She alleged that she was fired after discussing the issue.{{Cite news | url=https://therealdeal.com/national/2019/06/20/men-take-risks-and-women-dont-weworks-former-head-of-compensation-accuses-company-of-gender-pay-discrimination/ | title=Men take risks and women don't: WeWork's former head of compensation accuses company of gender pay discrimination | first=David | last=Jeans | work=The Real Deal | date=June 20, 2019 | url-access=subscription}}{{Cite news | url=https://www.businessinsider.com/wework-most-big-stock-grants-went-to-men-internal-study-2019-8 | title=WeWork gave out 58 stock awards worth at least $1 million each in February, and 94% of them went to men, according to a lawsuit | first=Troy | last=Wolverton | work=Business Insider | date=August 27, 2019}}{{update inline|date=December 2023}}

Also, in June 2019, Richard Markel, a former WeWork executive making $300,000 per year, sued the company for age discrimination after allegedly being replaced with a younger worker.{{Cite news | url=https://www.cnn.com/2019/06/14/tech/wework-sued-age-discrimination/index.html | title=Former WeWork VP sues the company alleging age discrimination | first=Sara Ashley | last=O'Brien | work=CNN | date=June 14, 2019}} Markel voluntarily dismissed the case in August 2019.{{Cite web | url=https://unicourt.com/case/pc-db5-markel-v-we-work-management-llc-161890 | title=Markel v. We Work Management LLC | publisher=Unicourt}}

In October 2019, Medina Bardhi, the former chief of staff for Adam Neumann, represented by Douglas Wigdor, sued the company over various allegations including a gender pay gap, marijuana use by company executives, and pregnancy discrimination.{{Cite news | url=https://www.cnbc.com/2019/10/31/ex-wework-ceo-accused-of-gender-discrimination-in-new-lawsuit.html | title=Ex-WeWork CEO accused of gender discrimination, smoking pot in front of pregnant staffer | last1=Feuer | first1=Lauren | last2=Feiner | first2=William | work=CNBC | date=October 31, 2019}}{{Cite news | last=Yaffe-Bellany | first=David | url=https://www.nytimes.com/2019/10/31/business/wework-neumann-discrimination-complaint.html | title=WeWork's Ousted C.E.O. Adam Neumann Is Accused of Pregnancy Discrimination | work=The New York Times | date=October 31, 2019 | issn=0362-4331}}{{update inline|date=December 2023}}

In February 2020, Ayesha Whyte, former director of employee relations, sued WeWork for gender and race discrimination, "saying she was promised a well-paying job that never materialized, all while less-qualified white people were promoted."{{cite news | title=WeWork Hit With Gender, Racial Discrimination Lawsuit | url=https://www.bisnow.com/new-york/news/coworking/wework-hit-with-sex-and-race-discrimination-lawsuit-103193 | first=Miriam | last=Hall | work=Bisnow Media | date=March 1, 2020}} In June 2020, the lawsuit was forced into arbitration.{{cite web | url=https://casetext.com/case/whyte-v-wework-cos | title=Whyte v. WeWork Cos.: DECISION AND ORDER DENYING PLAINTIFF'S PETITION FOR CERTIFICATION OF INTERLOCUTORY APPEAL | date=July 31, 2020}}{{update inline|date=December 2023}}

On July 8, 2020, former WeWork stock plan administrator Diane Allen, and former head of diversity & inclusion Christopher Clermont, filed separate complaints against WeWork, both alleging race discrimination, while Allen also alleged gender discrimination and lack of action over a sexual harassment claim.{{cite news | url=https://www.bisnow.com/new-york/news/coworking/former-employees-sue-wework-for-discrimination-and-equal-pay-105141 | title=WeWork Hit With 2 More Lawsuits Over Discrimination, Pay Equity | first=Kelsey | last=Neubauer | work=Bisnow Media | date=July 9, 2020}} The lawsuit from Allen was sent to arbitration per her employment agreement.{{Cite web | url=https://trellis.law/case/36061/155130-2020/allen-diane-v-wework-companies-inc | title=allen-diane-v-wework-companies-inc | work=Trellis}}

Notable WeWork locations include:

{{div col|colwidth=30em}}

• 1600 Seventh Avenue
• 330 North Wabash
• 200 Spectrum Center Drive
• Bentall Centre
• Bush Tower
• Central Bank of Ireland
• Constellation Place
• Five Penn Center
• Holyoke Building
• Hôtel de Langeac
• Hotel Europejski
• Madison Belmont Building
• Manhattan Center
• One Nashville Place
• Salesforce Tower
• Totzeret HaAretz Towers

{{div col end}}

In March 2022, Apple TV+ launched an 8-episode show, WeCrashed, that follows the launching and fall of WeWork, based on the Wondery podcast of the same name. The show is focused on the lives of the eccentric couple, Adam Neumann (played by Jared Leto) and Rebekah Neumann (played by Anne Hathaway).{{Cite news | url=https://time.com/6158804/wecrashed-true-story/ | title=The True Story Behind WeCrashed | first=Shannon | last=Carlin | work=Time | date=March 18, 2022}}{{cite news | last=Gilblom | first=Kelly | url=https://fortune.com/2021/01/29/apple-tv-series-wecrashed-about-wework/ | title=Apple greenlights TV series 'WeCrashed' about WeWork's rise and fall | work=Fortune | date=January 29, 2021}}{{Cite news | url=https://www.theguardian.com/tv-and-radio/2022/mar/18/wecrashed-review-prepare-to-boggle-at-jared-leto-and-anne-hathaways-toxic-billionaires | title=WeCrashed review – prepare to boggle at Jared Leto and Anne Hathaway’s toxic billionaires | first=Lucy | last=Mangan | work=The Guardian | date=March 18, 2022}}{{Cite news | url=https://www.newyorker.com/magazine/2022/04/04/the-comforts-of-wecrashed-and-the-modern-grifter-series | title=The Comforts of "WeCrashed" and the Modern Grifter Series | first=Naomi | last=Fry | work=The New Yorker | date=March 28, 2022}}

In March 2021, Hulu unveiled a documentary titled WeWork: Or the Making and Breaking of a $47 Billion Unicorn, released April 2, 2021.{{cite web | url=https://www.hulu.com/movie/wework-or-the-making-and-breaking-of-a-47-billion-unicorn-c6deead3-f45f-43c6-b8bf-fc56e9f8a589 | last1=Rothstein | first1=Jed | title=WeWork: or The Making and Breaking of a $47 Billion Unicorn | website=Hulu}}

• {{cite book |last1=Wiedeman |first1=Reeves |title=Billion Dollar Loser: The Epic Rise and Fall of WeWork: A Sunday Times Book of the Year |title-link=Billion Dollar Loser |date=20 October 2020 |publisher=Hodder & Stoughton |isbn=978-1-5293-8506-9 |language=en}}
• {{cite book |last1=Brown |first1=Eliot |last2=Farrell |first2=Maureen |title=The Cult of We: WeWork and the Great Start-Up Delusion |date=22 July 2021 |publisher=HarperCollins Publishers |isbn=978-0-00-838941-3 |url=https://www.penguinrandomhouse.com/books/645810/the-cult-of-we-by-eliot-brown-and-maureen-farrell/ |language=en}}

{{Reflist}}

{{Commons category|WeWork}}

• {{Official website|https://www.wework.com}}

{{Finance links

| name = WeWork Inc.

| symbol = WE

| reuters = WE.N

| bloomberg = WE:US

| sec_cik = 1813756

| yahoo = WE

| google = WE:NYSE

}}

{{Finance links historical

| name = The We Company

| sec_cik = 1533523

}}

{{authority control|state=expanded}}

Category:2010 establishments in New York City

Category:American companies established in 2010

Category:Companies formerly listed on the New York Stock Exchange

Category:Companies that filed for Chapter 11 bankruptcy in 2023

Category:Companies that have filed for bankruptcy in Canada

Category:Real estate companies established in 2010

Category:Softbank portfolio companies

Category:Special-purpose acquisition companies