Companies

Profit & Loss: WeWork’s Irish operations make healthy profits, Q-Park books steep losses

Revealing who is up and who is down as we go inside the world of Irish businesses

WeWork, the US co-working space provider, filed for bankruptcy in the US last year but its Irish subsidiaries made healthy profits

WeWork’s Irish subsidiaries make healthy profits

WeWork, the US co-working space provider, may have filed for bankruptcy last year with debts of $19 billion but new accounts filed for a number of its Irish subsidiaries show the business has not seen the same level of turmoil in Ireland as in other markets.

Accounts recently filed for eight subsidiary companies of WeWork show the company’s Irish operations booked combined losses of close to €7.6 million in ...