There's an interview to Neumann by BI where he talks about that exact same thing. Makes one wonder if they're betting it all on a recession for things to "work" (heh)

The interview, soft paywall: https://www.businessinsider.com/wework-ceo-adam-neumann-busi...

I don't like this pattern, more than VC funded startups they are more like QE funded startups, regurgitating your own devalued money as a favour. Uber comes to mind, too.