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WeWork Cuts Forecast, Says COVID-19 Will Delay Recovery

Outlook Comes as Average Office Use Across 10 Cities Slows for Second Straight Week
WeWork said business in the first half of 2021 improved at a slower pace than it expected. (Getty Images)
WeWork said business in the first half of 2021 improved at a slower pace than it expected. (Getty Images)
CoStar News
August 13, 2021 | 4:44 P.M.

Global flexible space provider WeWork said demand in the first half of 2021 improved at a slower pace than it expected and it's cutting its forecast because of the unpredictability of the pandemic with the emergence of the delta variant.

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