Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalWeWork is an American commercial real estate company that provides flexible workspaces for startups and other companies.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalPlanning to divest Russian operations. Public statement condemning Russian invasion of Ukraine (estimated $10 million revenue for Russian operations in 2022). Continue operating in Russia with 4 locations in Moscow, increased revenue in 2022 vs 2021. The American coworking network WeWork has agreed to sell its business in Russia. Both companies went bankrupt several years ago. The deal with O1 Properties will include four sites in Moscow with a total area of about 18 thousand square meters. m. for 3 thousand jobs. The sale is being considered by a government commission.