WeWork is preparing to cut at least 4,000 jobs in a bid to achieve financial stability. Those layoffs could be announced as early as this week, The New York Times reported on Monday (Nov. 18), citing unnamed sources. Get the Full Story Complete the form...
WeWork’s initial public offering (IPO) is suspended and the company is pulling out of its S-1 filing, CNBC reported on Monday (Sept. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A tumultuous week for WeWork will ultimately bring more investment money for the office-sharing firm, Reuters reported on Wednesday (Sept. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
On-demand workspace provider WeWork secured a $3 billion investment from SoftBank Corp. in the form of a warrant, reports said on Tuesday (Nov. 13), just months after SoftBank invested $1 billion in the firm via a convertible note. Get the Full Story Complete the form...
November 21, 2019
Co-working office space company WeWork is slashing its worldwide workforce by 20 percent – a total of 2,400 employees – as it strives to revamp its struggling business and cut costs, The New York Times reported on Thursday (Nov. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]
November 18, 2019
WeWork is preparing to cut at least 4,000 jobs in a bid to achieve financial stability. Those layoffs could be announced as early as this week, The New York Times...
September 30, 2019
WeWork’s initial public offering (IPO) is suspended and the company is pulling out of its S-1 filing, CNBC reported on Monday (Sept. 30). Get the Full Story Complete the form...
September 26, 2019
A tumultuous week for WeWork will ultimately bring more investment money for the office-sharing firm, Reuters reported on Wednesday (Sept. 25). Get the Full Story Complete the form to unlock...