Stopping the Red Ink Tops WeWork’s To-Do List

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Stopping the Red Ink Tops WeWork’s To-Do List
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We’s losses are doubling at the same pace as revenue, suggesting the office-space company isn’t wringing out enough cost savings as it gets bigger

WeWork’s parent company, We Co., whose main business is renting and remodeling offices to sublease to other companies, revealed in its IPO filing on Wednesday operating losses that ballooned 102% to $1.

37 billion for the first six months of the year compared with a year earlier.
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