Citation
WeWork Files for Chapter 11 Bankruptcy
TL;DR
WeWork filed for Chapter 11 bankruptcy on November 6, 2023
The November 6, 2023 bankruptcy filing represents the final temperature reading: zero. Despite emergency cooling measures in 2019 (layoffs, location closures, CEO removal), the thermal damage from years of runaway heat generation proved fatal. Like a heatstroke victim, even after cooling, systems never fully recovered.
Key Findings from CNBC & NPR (2023)
- WeWork filed for Chapter 11 bankruptcy on November 6, 2023
- Four years of attempted recovery after 2019 crisis failed
- Thermal damage from overheating proved irreversible