WeWork Losses Narrow Sharply, Desk Sales Hit Highest Mark Since Pandemic

WeWork, which went public in October through a merger with a special-purpose acquisition company, said Thursday its quarterly loss narrowed sharply as membership sales increased and workers returned to the company`s locations.

During the first quarter of 2022, the company`s net loss was $435M, or 57 cents per share, down significantly from the same quarter in 2021, when the coworking giant turned in a net loss of $2B...
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RSK: Once they fired Adam as CEO, they have slowly but surely made progress....the demand for people to get out of the Work From Home 24/7 has to be one of the major factors.
Ken Notes: The sector is the future but I would look for a company that actually make money in it... IWG PLC - LON: IWG Makes more sense to me...