WeWork sets hard free cash flow, revenue targets as part of 5-year plan
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(Reuters) - WeWork on Tuesday brought forward its target of becoming free cash flow positive by a year to 2022 as Chairman Marcelo Claure pushes ahead with his five-year turnaround plan aimed at boosting valuation and winning back investor trust.The office sharing start-up, which has gone through a meltdown as its public offering imploded last year, also said it expects to record its first ever $1-billion revenue quarter this year.The company aims to achieve free cash flow of over $1 billion..