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Companies

WeWork looks to become profitable in 2021

New chief Marcelo Claure plots shift away from risky long-term leases

A laid-off worker leaves WeWork's corporate headquarters in Manhattan on Nov. 21. The company plans to lay off about 20% of its global workforce.   © Reuters

NEW YORK -- Money-losing office-sharing company WeWork aims to turn a profit in 2021, a source familiar with the situation told Nikkei on Friday.

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