Comment by tootie

WeWork still has a ton of customers and rapid growth. I think their eyes were bigger than their mouths when it came to expanding offerings into unrelated nonsense and they were being extremely undisciplined in their spending, but the business is still extremely viable. The new leadership are taking a giant ax to all the excess to get it over with and then can rebuild from what is still a very strong base. It will take at least a year to recover, but I think they'll still hit profitability in the long run.