WeWork still on life support, rivals say it must cut costs fast

NEW YORK (Reuters) - SoftBank may be rescuing WeWork with a $9.5 billion (£7.38 billion) cash injection but most rivals say they believe the office space sharing company is still in critical condition.They say for Manhattan-based WeWork to survive it will need to slash costs and balance sheet risk, and it will need to do that fast without scaring off customers. In interviews, six rivals were mostly more sober than gleeful about WeWork's fall to earth, which has seen estimates of its valuation..