[tempsy]

During the second quarter, WeWork lost $397 million. It said it had $680 million of liquidity, $205 million of which was cash.

The company had net long-term debt of $2.9 billion as of June end and more than $13 billion in long-term leases, at a time when rising borrowing costs are hurting the commercial real estate sector.

I don’t know even if they want to continue operating the math isn’t mathing. And commercial landlords are also hurting badly so not sure they are in a position to make some sweetheart deal with WeWork.