WeWork’s Revenue and Membership Shrink in Third Quarter
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WeWork Cos. saw its overall membership and revenue shrink in the third quarter compared to the quarter before, as the pandemic continues to hammer the co-working company.
New York-based WeWork told its employees that while sales of new desks ticked up slightly for the quarter, revenue fell 8% and its membership totals were down 11% from the prior three months, according to a staff email seen by Bloomberg.