WeWork Singapore expansion on track even as US parent seeks new funding

It's setting up 3 new locations by year's end; US-headquartered group had pulled its IPO in September

Published Thu, Oct 10, 2019 · 09:50 PM

Singapore

WEWORK Singapore is going ahead with its expansion plans in the Republic, seemingly unruffled by woes at its US-headquartered parent company, which is seeking a US$1 billion lifeline from Softbank Group to proceed on a major restructuring.

Its Singapore outfit is poised to have three new locations here by the year's end, even after its parent recently shelved a public listing and is planning layoffs - reportedly in the thousands - that could take place as soon as this month.

WeWork Singapore's new space at 9 Battery Road in the central business district (CBD) has been officially launched, with two other locations at 83 Clemencea…

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