WeWork posted a $2.1 billion loss for the first quarter of 2021.
It also said it had lost 200,000 members, more than a quarter of its membership, over the past year.
Office-sharing startup WeWork on Thursday reported that it had lost $2.06 billion in the first quarter of 2021, and more than a quarter of its members over the past year.
Total occupancy of WeWork office spaces stepped up to 50% in the first quarter compared to 47% in the fourth quarter of 2021, the firm said.
The company had 490,000 members in the first quarter, compared to 693,000 members in March 2020, according to the results.
WeWork, Adam Neumann, Neumann
Wall Street Journal, BowX