Leaflet · The story of

WeCrashed

WeWork grew from a single New York coworking space into a $47 billion company in under a decade. Within a year, most of that value was gone.

In 2022 the story became an 8-episode Apple TV+ series based on Wondery's podcast WeCrashed: The Rise and Fall of WeWork, with Jared Leto as Adam Neumann and Anne Hathaway as Rebekah Neumann. It premiered on 18 March 2022.

From the book
Coworking Study & Report, by Dr. Preetesh Anand
The real timeline
  1. 2010 · The startAdam Neumann and Miguel McKelvey open the first WeWork in New York.
  2. 2017 · Rocket fuelSoftBank pours in billions and expansion goes global.
  3. Jan 2019 · The peakValued at $47B, with about 850 locations worldwide.
  4. Sep 2019 · IPO collapsesInvestors balk at the losses, founder control and governance. Neumann steps down.
  5. Oct 2021 · ListedWeWork goes public via a SPAC at about $9B.
  6. Nov 2023 · BankruptcyChapter 11 filing with nearly $19B in debt.
  7. Jun 2024 · RestartExits bankruptcy with $4B+ of debt wiped out; Yardi becomes majority owner.
  8. 2025 · Back to basicsPositive EBITDA, about 170 US & Canada sites, profit-first deals.
In numbers
$47B2019 peak
~$9B2021 listing
$0.27BAug 2023
850 → ~170locations, global peak to US & Canada in 2025
~$12Bfuture rent cut in the restructuring
3 lessons for your space
  1. Match lease length to how long members commit.
  2. Every centre must reach break-even on its own.
  3. Grow when you're full, not when you're excited.

All 7 lessons, the World & India market report and the property-owner playbook are in the free book.

Sources: Apple TV+ press, Fortune/Bloomberg, Bisnow, CRE Daily, Barchart.

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Coworking Study & Report: Lessons from WeWork

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India

Coworking spaces in Kolkata

15 coworking spaces on our map, updated every day. Send one enquiry for a desk, cabin or meeting room.

Spaces in Kolkata

15 on our map so far, updated every day. See the list →

Looking for a desk?

Pick a space below and press Enquire now. One enquiry, a reply on WhatsApp.

Local ROI example

An 80-seat space at ₹6,000/seat and 70% occupancy: about ₹36,000 extra a month from 6 more desks filled, plus ₹6,720 of late rent recovered. Run your own numbers →

What we see in Kolkata

Kolkata has 15 coworking spaces on our map so far, listed below, and the list grows as our team finds more. Looking for a desk, a cabin or a meeting room? Pick a space and send one enquiry; we pass it on and reply on WhatsApp.

Running a coworking space in Kolkata? CoWorkRM puts the enquiries, members, invoices on the 1st with GST, visitors, meeting rooms and staff of a space in one app, set up on WhatsApp the same working day.

Local directory

Coworking spaces shaping Kolkata

Spaces in Kolkata on our map, 15 so far and growing. Looking for a desk or a cabin? Send one enquiry; we pass it to the space and reply on WhatsApp.

Adhunik Workspaces

Prime location

AKASA Coworking

Ecofriendly office

Bhowanipore Nwook

Easy accessible to all mode of Transport

Coworkyard Park Street 1

prime location

Easydaftar Signature Sector V

located in the heart of the Salt Lake area in Kolkata

Infinity Business Centre

Prime location

Kwicdeskz

Virtual offices

My Cube

Location Central and well connected

Nasscom Initiative

3rd Largest Startup Ecosystem Globally

Regus

Major transport links

Sector 5 Nwook

Prime location

Smartworks Coworking Space

recreational gaming zones and gym facilities

WIT

Virtual Office

Worknests

Right in the heart of Sector V, Salt Lake, Kolkata.

WS CO-WORKS

Recreational Facilities

Listed for information from public listings; spaces are independent of CoWorkRM. Run one of these spaces and want it changed or removed? Message us.

Enquire about

Your enquiry reaches CoWorkRM; we share it with the space and reply on WhatsApp.

Questions Kolkata operators ask

How many coworking spaces are there in Kolkata?

Our map lists 15 coworking spaces in Kolkata today. The list is updated every day as new spaces are found.

How do I enquire about a coworking space in Kolkata?

Press Enquire now on any space in the list, leave your name, WhatsApp number and how many seats you need. We pass the enquiry on and reply on WhatsApp.

What does CoWorkRM cost for a coworking space?

Plans are per location per month, excluding GST: Starter ₹2,999, Growth ₹6,999 and Pro ₹12,999, with 30 days free.

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Your space is set up the same working day on WhatsApp — no card, no app change for your members.

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