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WeWork's Latest Sale, Hiring Seen as Showing the Depth of Its Problems

Corporate Hires, Credit Retooling Spill Into the Year After Its IPO Unraveled

WeWork has hired a new chief financial officer and sold Managed By Q. (WeWork)
WeWork has hired a new chief financial officer and sold Managed By Q. (WeWork)

WeWork's sale of nonessential businesses, hiring of proven specialists in real estate turnarounds and the negotiating of new credit deals sounds like a lot of activity. But real estate analysts and executives say it's just a start for the provider of shared offices in addressing problems that killed its initial stock offering last fall.

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