CEO ouster, looming layoffs and devaluation turn WeWork into cautionary tale
Major layoffs are all but inevitable at high-flying real estate startup WeWork after Adam Neumann succumbed to pressure today to step down as CEO and take the role instead of non-executive chairman of the company he cofounded nine years ago. Two well-placed sources tell us that the scope is likely to be massive, and includes … Continue reading CEO ouster, looming layoffs and devaluation turn WeWork into cautionary tale
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