NEW YORK (AP) — Uncertainty about office space demand in a global pandemic is a big risk that investors will have to weigh as WeWork makes a second run at a public stock offering. A year after the novel coronavirus turned office towers into ghost towns worldwide, the embattled communal work space company says it will sell stock after merging with a special purposes acquisition company. But the offering comes as many companies are switching to hybrid work schedules, allowing employees to stay at home part of the time. That means firms could have too much space and won’t need short-term rentals. WeWork says it has cut costs and reduced its workforce by 67% from its peak in September 2019. It sees strong growth as the economy recovers.
