WeWork looks to become profitable in 2021

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

20191122N WeWork

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

YUMIKO OSHIMA, Nikkei staff writer

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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.