WeWork Results Presentation Deck slide image

WeWork Results Presentation Deck

2020 and 2021: Optimized cost structure and core business 13 1. 2. 3. ~$1.5B SG&A Expense Savings (¹) $500M+ Savings from 210+ Lease Exits (3) and 420+ Amendments ~$600M OpEx Savings (2) ●●● conductor //FLATIRON SCHOOL Q team Meetup SPACIOUS waltz Exited Non-Core Businesses As of Q4 2021 as compared to Q4 2019. Expenses reflect adjusted SG&A expense, excludes stock based compensation. As of Q4 2021 as compared to Q4 2019 on a per square foot basis. Excludes stock based compensation, indirect location operating expenses and venture expenses. Lease restructurings and renegotiations as of Q4 2021. Savings include rent and tenancy expenses. wework Ⓒ2022 WeWork.
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