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WeWork Misses $95 Million Interest Payment, Raising Bankruptcy Speculation

  • WeWork missed $95 million in interest payments to creditors as part of an effort to restructure debt.
  • The company says it has a 30-day grace period before defaulting on the payments.
  • This raises speculation that WeWork may file for bankruptcy as it struggles financially.
  • WeWork is trying to cut costs by renegotiating leases and making debt more manageable.
  • The rise of remote work presents challenges for WeWork's business model based on shared office space.
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