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Stock impact report

How CEO John Santora Is Helping WeWork Grow Up [Yahoo! Finance]

Cushman & Wakefield Ltd. Common Shares (CWK) 
Last cushman & wakefield ltd. common shares earnings: 2/27 04:09 pm Check Earnings Report
Company Research Source: Yahoo! Finance
that, under founder Adam Neumann, soared to a valuation of $47 billion before plummeting to bankruptcy in November 2023. John Santora is writing the company's second act. The longtime executive, who had been at commercial real estate firm Cushman & Wakefield for 47 years, took the helm of WeWork in June 2024, as it emerged from bankruptcy. He is trying to steady the company, which still has more than 45 million square feet of real estate across 120 cities and 37 countries. TIME met Santora in WeWork's Manhattan office, where the beer on tap has been replaced with coffee, and the flashy neon signs have disappeared. Santora is trying to make WeWork a more stable and traditional co-working company. TIME talked with him about how he's planning to do that and whether the company's business model can still succeed. You were at the same company for decades; why did you make the leap to something new at WeWork? I was 47 years at one company and have been married for 46 years. I don't chan Show less Read more
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