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ARTIE MINSON
Adam Neumann’s era of excess and eccentricity is over at WeWorkNeumann will walk away with as much as $1.2 billion as well as a $500 million credit line from SoftBank.
23 Oct, 2019, 10.09 PM IST
WeWork’s startup party ends with some 2,000 jobs set to be cutThe job cuts will mean that some employees won’t be able to live out the company’s mantra of “do what you love.”
05 Oct, 2019, 10.38 AM IST
WeWork bosses tell employees job cuts are coming this monthExecutives said clients and tenants were still interested in WeWork’s offerings, and implored staff to focus on its core business and custo...
04 Oct, 2019, 09.51 AM IST
WeWork may have only enough cash to last for six monthsWeWork has only enough cash to last for six months. It’s losing millions of dollars a day.
27 Sep, 2019, 06.34 PM IST
WeWork IPO plan in doubt as CEO Neumann exits under pressureTwo senior WeWork executives, Sebastian Gunningham and Artie Minson, were appointed as co-CEOs.
25 Sep, 2019, 09.43 AM IST
WeWork postpones long-awaited IPO, sending its bonds fallingThe IPO was expected to be the next step in WeWork’s rapid growth and mark a victory for Japanese telecom giant SoftBank Group Corp.’s plan...
18 Sep, 2019, 09.58 AM IST
WeWork’s revenue doubled last year. So did its lossesThe company has sometimes timed financial discussions with announcements of fundraising deals from SoftBank, including when WeWork raised a...
26 Mar, 2019, 10.25 AM IST