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The bankruptcy of workspace rental company WeWork now appears to be imminent. The company is going to file for a moratorium. Demand for co-working spaces has steadily declined due to the corona pandemic.

Earlier this month, WeWork missed interest payments to its bondholders and was given 30 days to meet its obligations.

On Oct. 30, WeWork reported that it had begun talks with "certain stakeholders," such as SoftBank and Goldman Sachs, about improving its balance sheet.

In August, the 13-year-old company reported a net loss of 397 million for the second quarter on revenue of 877 million. While revenue rose 4 percent year-on-year, interim CEO David Tolley warned of falling demand for commercial real estate, increasing competition in flexible space and the faltering economy.

WeWork also operates in the Netherlands, with offices on Weteringschans and Weesperstraat in Amsterdam.

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