WeWork
American coworkspace company
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| 2024 | WeWork decided to exit the Indian market by selling its stake in WeWork India to Embassy Group. |
| June 2024 | John Santora was appointed as the new CEO of WeWork. |
| May 30 2024 | The financial restructuring deal was approved, and Anant Yardi was added to WeWork's board of directors. |
| April 29 2024 | WeWork reached a court-approved financial restructuring deal with senior creditors. Yardi Systems agreed to invest $337 million for a 60% stake, with additional hedge funds providing $113 million for a 20% stake. |
| November 6 2023 | WeWork filed Chapter 11 bankruptcy petition in the United States District Court for the District of New Jersey, listing liabilities between $10 billion to $50 billion. The company was delisted from the New York Stock Exchange, and also filed recognition proceedings in Canada. |
| November 6 2023 | WeWork officially filed for bankruptcy, symbolizing the 'excesses of business startup culture' according to ABC News. |
| October 31 2023 | Reports circulated that WeWork would imminently file for bankruptcy, causing a 37% drop in share value. |
| August 24 2023 | Investment management companies including BlackRock, King Street Capital Management, and Brigade Capital announced they were exploring options to save WeWork, including potential Chapter 11 bankruptcy reorganization. |
| August 8 2023 | WeWork warned of substantial doubt about its ability to continue operations and potential Chapter 11 bankruptcy, reporting a net loss of $397 million between April and June. |
| June 30 2023 | WeWork had over 700 locations across 39 countries, spending more than 80% of its revenue on rent and interest, totaling over $2.7 billion annually. |
| April 2023 | WeWork faced potential delisting on the New York Stock Exchange as its stock price fell below $1.00, with company valuation dramatically dropping from $47 billion in 2019 to $360.9 million. |
| 2022 | WeWork began developing a software product called WeWork Workplace in collaboration with Yardi Systems. |
| May 2022 | Andre Fernandez was named as WeWork's new CFO, replacing Benjamin Dunham who had been with the company for 18 months. |
| March 2022 | During the Russian invasion of Ukraine, WeWork closed its offices in Russia in response to the geopolitical conflict. |
| January 2022 | WeWork announced the acquisition of Common Desk, expanding its coworking space portfolio. |
| October 2021 | WeWork completed its merger and began trading shares on the New York Stock Exchange. |
| October 2021 | WeWork announced a strategic partnership with Cushman & Wakefield, which included a $150 million investment in the company. |
| August 2021 | WeWork was selected as one of five co-working providers by the General Services Administration to provide services for the Federal government of the United States. |
| July 2021 | WeWork terminated the WeLive business line. |
| April 2 2021 | Hulu released the WeWork documentary to the public |
| March 2021 | Hulu unveiled a documentary titled 'WeWork: Or the Making and Breaking of a $47 Billion Unicorn' |
| March 2021 | WeWork reached a deal to become a public company via a special-purpose acquisition company (SPAC) with BowX Acquisition Corp, valuing the company at $9 billion. The deal included plans for Mathrani to continue as CEO, with Vivek Ranadivé and Deven Parekh joining the new board. |
| February 2021 | The lawsuits between WeWork, SoftBank, and Adam Neumann were settled. |
| January 2021 | Apple TV+ announced the show 'WeCrashed', a dramatization of WeWork's story, starring Jared Leto as Adam Neumann and Anne Hathaway as Rebekah Neumann |
| 2020 | WeWork vacated 66 locations and re-negotiated lower rent, deferrals, or other lease changes at more than 150 other locations. |
| July 8 2020 | Diane Allen and Christopher Clermont filed separate complaints against WeWork, alleging race discrimination, with Allen also claiming gender discrimination and inaction on a sexual harassment claim. |
| June 5 2020 | McKelvey announced his departure from WeWork, with plans to leave at the end of the month. |
| May 4 2020 | Former CEO Adam Neumann separately sued SoftBank for withdrawing the $3 billion tender offer. |
| April 2020 | SoftBank cancelled its $3 billion tender offer to buy WeWork shares, citing regulatory and pandemic-related issues. WeWork subsequently sued SoftBank. |
| April 2020 | WeWork conducted another round of employee layoffs. |
| March 2020 | WeWork laid off 250 employees in an effort to lower expenses. |
| February 2020 | Ayesha Whyte, former director of employee relations, sued WeWork for gender and race discrimination, claiming promised job opportunities were not fulfilled. |
| February 10 2020 | WeWork announced the temporary closure of 100 buildings in China due to the COVID-19 pandemic. |
| February 3 2020 | WeWork opened its first location in the Middle East outside of Israel in Abu-Dhabi's technology park Hub 71, named WeWork x Hub 71. |
| February 1 2020 | WeWork announced Sandeep Mathrani as the new CEO, with his effective start date set for February 18, 2020. |
| January 2020 | WeWork began phasing out free beer at all North American co-working locations and announced plans for a slower growth rate. |
| November 21 2019 | WeWork announced layoffs of 2,400 employees, representing almost 20% of its global workforce. |
| November 6 2019 | SoftBank Group reported $9.2 billion in write-downs on its WeWork investments, approximately 90% of its total investment. |
| October 2019 | Medina Bardhi, former chief of staff for Adam Neumann, sued WeWork alleging gender pay gap, executive marijuana use, and pregnancy discrimination. |
| October 2019 | WeWork terminated the lease for a planned WeLive location in Seattle's Third and Lenora building. |
| October 2019 | Neumann received approximately US$1.7 billion from SoftBank for stepping down from WeWork's board and severing most of his ties to the company, while being retained as a consultant with an annual salary of $46 million. |
| October 14 2019 | WeWork warned clients about potentially hazardous phone booths containing formaldehyde in Canadian and US offices. |
| September 24 2019 | Adam Neumann resigned as CEO, giving up majority voting control. Artie Minson and Sebastian Gunningham were named co-CEOs. |
| September 17 2019 | WeWork withdrew its S-1 filing and postponed its IPO, with its valuation dropping from $47 billion to around $10 billion. |
| September 13 2019 | WeWork announced changes to corporate governance, including the board's ability to choose a new CEO and removing Neumann's family members from the board. |
| September 4 2019 | WeWork added Harvard Business School professor Frances Frei as its first female director. |
| August 27 2019 | WeWork acquired Spacious, a company that leases unused restaurant space to remote workers. |
| August 14 2019 | WeWork filed Form S-1, revealing significant financial losses and complex corporate relationships. |
| July 2019 | Adam Neumann liquidated $700 million of his WeWork stock. |
| June 2019 | Richard Markel, a former WeWork executive, sued the company for age discrimination, alleging he was replaced with a younger worker. He voluntarily dismissed the case in August 2019. |
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