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WeWork Reports $2.1 Billion Loss After Settlement With Co-Founder Adam Neumann

Location Closures, $494 Million in Restructuring Costs Weigh on Results
About one-fourth of WeWork’s first-quarter loss was attributed to restructuring costs that included a settlement with former chairman and co-founder Adam Neumann. (Getty Images)
About one-fourth of WeWork’s first-quarter loss was attributed to restructuring costs that included a settlement with former chairman and co-founder Adam Neumann. (Getty Images)

As it prepares for a future as a public company, WeWork’s past as a startup continues to take a toll on the flexible office space provider.

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