Office-sharing firm WeWork reports smaller quarterly loss

FAN Editor

November 15, 2021

(Reuters) – Office sharing firm WeWork Inc posted a smaller third-quarter loss on Monday, as a rebound in demand for office space helped drive membership.

In its first quarterly report since going public last month, WeWork reported a net loss of $844.3 million in the third quarter ended Sept. 30, compared with a loss of $999.5 million a year earlier.

(Reporting by Sanjana Shivdas and Abhijith Ganapavaram in Bengaluru)

Free America Network Articles

Leave a Reply

Next Post

India police to question Amazon executives in probe over marijuana smuggling

FILE PHOTO: A worker sorts delivery packages in a van outside an Amazon facility in Ahmedabad, India, March 17, 2021. REUTERS/Amit Dave November 15, 2021 By Saurabh Sharma and Abhirup Roy LUCKNOW, India (Reuters) – Police in India’s Madhya Pradesh state have summoned Amazon.com Inc’s local executives as it investigates […]

You May Like