Business and Technology
The Business and Technology Section of IR Insider publishes breaking news reports and analyses regarding developments relating to the U.S. and World Economy. Topics covered may include the global debt crises, changes to tech and privacy policies, updates on U.S. foreign trade, and ratification of economic treaties and sanctions. Additionally, news and data on world financial markets and leading banking institutions will be discussed. The section editor is Elaine Lang.
What’s The Future of Work After WeWork?
What started out as a revolution in how people work has ended in a burst of flame as WeWork filed for bankruptcy last week. The co-working company, which was once valued at $47 billion, faced increasing obstacles that eventually proved too difficult to overcome, causing the stock to fall by around 99%. At the time of its bankruptcy, WeWork was only worth $50 million.