Coworking giant WeWork has NOT filed for bankruptcy in Europe.
WeWork operates over 120+ spaces across 23 cities on the European continent, out of a total of 700 coworking spaces worldwide, gathering half a million members.

WeWork’s bankruptcy filing only concerns *the US and Canada*.
It will give the group protection from its creditors and landlords as it restructures its vast debts.
This strategic action aims at significantly strengthening WeWork’s balance sheet and further streamlining its real estate footprint.

WeWork said its coworking spaces remained open and operational.

“We defined a new category of work, and these steps will enable us to remain the global leader in flexible work. I am deeply grateful for the support of our financial stakeholders as we work together to strengthen our capital structure and expedite this process through the Restructuring Support Agreement. We remain committed to investing in our products, services, and world-class team of employees to support our community,” said recently appointed CEO David Tolley.

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