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WeWork's Turnaround Effort Wins Praise From Some Analysts

Emphasis on Longer Leases With Large Businesses Could Move Company Toward Profitability
WeWork has exited at least 50 locations in recent months to cut costs. (Getty Images)
WeWork has exited at least 50 locations in recent months to cut costs. (Getty Images)
CoStar News
September 15, 2020 | 8:42 P.M.

Coworking giant WeWork is closing low-performing locations and targeting large companies that want more flexible office arrangements in the pandemic, a move some analysts say gives it a shot at a comeback from a high-profile initial stock sale collapse.

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