WeWork's stunning near-collapse | Learn English phrase 'fall from grace'

Episode 203 of the Plain English podcast, hosted by Jeff at Plain English, titled "WeWork's stunning near-collapse | Learn English phrase 'fall from grace'" was published on October 31, 2019 and runs 23 minutes.

October 31, 2019 ·23m · Plain English

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Episode Description

In a story that will be studied in business school for ages, WeWork, the world's biggest co-working office company, lost 80 percent of its value and nearly ran out of money. It all started when WeWork disclosed its true financial situation ahead of a planned initial public offering. Japan's Softbank, which had invested in WeWork, provided emergency funding, fired the CEO, and took control of the troubled company. Plus, learn English phrase ""fall from grace.""

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