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Yes, it is. It is, quite literally, the actual business part of WeWork.
by the_watcher 7y ago
Yes, it is. It is, quite literally, the actual business part of WeWork.
- mlthoughts2018 7y agoNo, WeWork is a certain brand and corporate entity. For example, reputation problems may mean that reducing operations to this smaller scale subleasing strategy would not succeed for WeWork. Or similarly, the profit level may be too smal for the investors to care, given projections of how long it would take to get their money back. You’re missing the point. WeWork is in a position where it likely cannot cut operations and shrink into a smaller scale version of the same business model.