WeWork's co-founder Adam Neumann is The Pursuit of Lust 4 (2024)stepping down as CEO after pressure from the company's board and investors.
The ouster, announced Tuesday, comes after reports of bro-y misbehavior and serious financial concerns.
Earlier this month, a Wall Street Journalstory described some of Neumann's escapades, which, to put it lightly, reflected poorly on his ability to lead a company. For instance, at a 2016 meeting, Neumann addressed the decision to fire 7 percent of the company's staff — and then brought out tequila shots and Darryl McDaniels of Run-DMC to perform.
There are other stories, too, like the time Neumann and his friends left a chunk of marijuana in a cereal box on an airplane. Or when he banned meat from the company without consulting anybody first.
SEE ALSO: An umbrella blocked people out of a WeWork office for 2 daysStill, the board and investors are probably just as concerned about the company's dip in valuation from $47 billion in January to $15 billion. And, according to the New York Times, they're also worried that Neumann "exercised too much control over the company through special voting shares."
But despite the quick fall, don't shed any tears for Neumann, for like many a CEO before him, he's going to land softly. As he exits, he'll become nonexecutive chairman of We Company, the parent company for WeWork, and he'll get all the money that position brings. Such a pity.
Previous:Going Deeper Underground
How to watch Disney's 'Strange World''The White Lotus' Season 2 ending explained: Who died?Horrifying video of uncooked meat crawling off a table will ruin youInstagram's image'The White Lotus' Season 2 ending: All the clues in the opening credits10 celebrity dolls that totally missed the markHorrifying video of uncooked meat crawling off a table will ruin youApple Music is coming to Teslas soon, report claimsWordle today: Here's the answer, hints for December 12People are cheering Natalie Imbruglia's Twitter pregnancy announcementWordle today: Here's the answer, hints for December 9Politician's emotive speech about her cancer diagnosis will move you to tearsApple Music is coming to Teslas soon, report claims'Stranger Kitchens': YouTube channel makes lunches in random homesBoris Johnson, next UK prime minister, cancels the word 'dude' in speechHow to have the best shower sex'The White Lotus' isn't a whodunnit. So why are we watching it like one?Trump haters commiserate with UK over Boris Johnson with a heartfelt memeCan VR help treat schizophrenia? Researchers launch trial with more than 400 patients.Ridiculous 'Super Mario Maker 2' level sparks memes about avoiding things in life Apple’s Instagram account reeks of desperation Late summer movie season: What to watch Former UK prime minister goes to a posh music festival, Twitter has a field day 'Game of Thrones': Ser Davos remembers Stannis Baratheon with 1 line Why 'Firestick that sh*t' became shorthand for pirating our favorite films and TV shows We will never not have new Drake music because apparently, he's already working on new album The Galaxy Note 8 might be released later than you'd expect Summer weather on steroids: Fires, devilish heat waves, and floods Apple's iPhone 8 might come in a hot new 'copper gold' color This brief moment from the 'Game of Thrones' Ep 5 trailer will be huge for Jon Snow Russian influencer network shows its teeth to Republicans Xbox One finally has a Spotify app and you don't need a subscription to use it Being afraid to come out in a country that just elected a lesbian prime minister Colin Kaepernick still hasn't been signed, so people are rallying in front of NFL headquarters The iPhone 8 might only be available in three dull colors Instagram just launched live video chat — and everyone else can watch 'GTA' player gets so rich he spirals into existential hell Hackers are shaking down HBO for Bitcoin — should the network pay up? Acer made a rugged Chromebook to withstand student life Google recruiters are getting an earful about engineer's 'manifesto'
2.7682s , 10100.5625 kb
Copyright © 2025 Powered by 【The Pursuit of Lust 4 (2024)】,Fresh Information Network