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WeWork plans to file for bankruptcy as early as next week, source says
(www.reuters.com)
This is a most excellent place for technology news and articles.
Yup, 11 is the restructuring one. Very little will happen automatically, but they will try to renegotiate their leases. In a world where big companies are adjusting to WFH being a norm, though no longer the the norm, this has the feeling of pissing on a house fire. When their Chapter 11 restructuring fails, that's when they'll file for Chapter 7 (liquidation)