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WeWork seeks bankruptcy protection in stunning fall for a firm once valued at close to $50 billion

FILE – A sign for WeWork is displayed at their office in the borough of Manhattan in New York, Aug. 9, 2023. Trading in shares of WeWork were halted Monday as rumors that the office sharing company will seek bankruptcy protection. (AP Photo/Ted Shaffrey, File)
FILE – A sign for WeWork is displayed at their office in the borough of Manhattan in New York, Aug. 9, 2023. Trading in shares of WeWork were halted Monday as rumors that the office sharing company will seek bankruptcy protection. (AP Photo/Ted Shaffrey, File)
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WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning but anticipated fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world.
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