Just last month, WeWork brought up a question of whether it could survive or if it might need to file for bankruptcy.
The company has been scrambling. It just completed the 1-for-40 reverse stock split it needed to remain listed on the NYSE exchange rather than falling into over-the-counter penny-stock trading. But that's not enough. Now, in a public letter, CEO David Tolley said that it plans to negotiate heavily with landlords to get lease concessions.
And that presents a conundrum for those landlords, who face a difficult decision.
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