How WeWork Plans To Be Profitable in 2021

Finally, some fiscal responsibility

Joshua VanDeBrake
Jul 14 · 6 min read
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Photo adapted from Morning Brew on Unsplash

The Rise and Fall of a Star

A New World for WeWork

“Everybody thought WeWork was mission impossible. [That we had] zero chance. And now, a year from now, you are going to see WeWork to basically be a profitable venture with an incredible diversity of assets.”

— Marcelo Claure, Executive Chairman of WeWork

But How Did WeWork Turn Around?

Part 1: Massive Restructuring + Cost-Cutting

Part 2: Environmental Factors + New Deals

What’s Next for WeWork?

Takeaways and Lessons Learned

Closing Thoughts

The Startup

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