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Adam Neumann is going to end his effort to buy WeWork.
In WeWork’s heyday, the office was lit. Kombucha in the water fountains, DJ sets at 5 p.m., and yoga balls where desk chairs should be. These days, expensive offices sit empty in cities across America.
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WeWork, the company that offers flexible co-working spaces, said in a Securities and Exchange Commission (SEC) filing on Tuesday that it is at risk of bankruptcy. The business has struggled since the beginning of the COVID-19 pandemic, when offices shuttered their doors and moved to remote work, resulting in WeWork…
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