WeWork is male eroticizationlaying off thousands of its employees, just months after its embattled former CEO and co-founder walked awaywith $1.7 billion.
The struggling office-sharing startup confirmed that it's letting 2,400 employees go, according to a report by CNBC. A WeWork spokesperson told CNBC that the layoffs were being made in order to “create a more efficient organization.”
The layoffs come following WeWork’s botched IPO attempt this summer. The company, which was valued at around $50 billion just earlier this year, ended up pulling the initial public offering, but not before shining a light on its big financial losses and corporate mismanagement run amok.
WeWork CEO Adam Neumann, who bears much of the responsibility for the company's downfall, left his role in September. In order to save the company, SoftBank, an investor in WeWork, acquired80 percent of the startup the following month. Rumors of the impendinglayoffs have spreadever since.
In its statement to CNBC, WeWork also said that it would be providing its former employees with “severance, continued benefits, and other forms of assistance to aid in their career transition.”
This Tweet is currently unavailable. It might be loading or has been removed.
However, whatever severance or assistance these employees are slated to receive will obviously be a far cry from the $1.7 billion Adam Neumann made after stepping down from the company he left in tatters.
Colman Domingo’s Craigslist love story with husband Raúl has the internet swooning
Report: Apple to unveil new, cheaper iPhone 'as early as March'
These Louis Vuitton
A British grocery chain is taunting the Beyhive about Ivy Park
Patched Desktop PC: Meltdown & Spectre Benchmarked
This company claims it will make you a watch using your cat's hair
Amazon Prime members can now get VIP tickets at gigs and festivals
The way college kids are using Tinder may surprise you
Watch how an old Venus spacecraft tumbled before crashing to Earth
North Carolina's bathroom bill will cost the state $3.7 billion
SpaceX just stuck another rocket landing at sea, this time before dawn
Cruise Origin reimagines the driverless car as a spacious box made for ride
Jeff Bezos reportedly hacked directly by Saudi crown prince over WhatsApp
Singing Happy Birthday sucks. Here are 5 things you can do instead.
Colman Domingo’s Craigslist love story with husband Raúl has the internet swooning
These Louis Vuitton
Cruise Origin reimagines the driverless car as a spacious box made for ride
Teen's Disneyland promposal is sweeter than a pot of Pooh's honey
Best headphones deal: Save $116 on Sennheiser Momentum 4
Elon Musk, please jam a computer into my brain
Best Peloton deal: Get a refurbished Peloton Bike+ under $1,600Galaxy AI is coming soon to other Samsung devicesGoogle apologises after Gemini AI generates images of Nazis as people of colourHow clean energy is transforming the world, in 5 chartsSpacecraft looks like a 'Star Wars' ship. It just crashed into Earth.Best Peloton deal: Get a refurbished Peloton Bike+ under $1,600'Avatar: The Last Airbender' review: Netflix's liveSpaceX's beautiful rocket launch and landing just made historyDyson Airstrait deal: Save $120 via Best Buy DropsHow clean energy is transforming the world, in 5 chartsFrance helpfully corrects Trump's video on climate changeApple's newest ad makes a haunting plea to take climate change seriouslyiMessage is exempt from new EU regulations. Here's why.Trump thinks global warming is a hoax, duhNew solar eclipse simulator shows you what to expect this summerNow Google Street View can map your city's air pollution#BizChats: Interview with Lauren Singer, CEO of The Simply Co.Why is your phone in SOS mode? U.S. cell services have faced outages all morning.Netflix's 'Avatar: The Last Airbender' hid Zuko's Blue Spirit mask in episode 3The UK just hit a major renewable energy milestone Jason Sudeikis accepting his Golden Globe in a hoodie is all of us Chadwick Boseman's wife Taylor Simone Ledward gives moving Golden Globes speech Why are we still getting 'jokes' about seizures on TV shows? At last, we can all rest easy knowing this iguana has been arrested Meet Lulu, the good dog fired by the CIA because she didn't want to sniff bombs Twitter will now ban users for spreading coronavirus vaccine misinformation Apple's iPhone 13 will come with 1TB storage option, report claims Ariana Grande kneels on very tiny stool, becomes very big meme Instagram accidentally hid likes for a few hours and everyone freaked out Trump just learned the Greek prime minister called his ideas 'evil' Real doctors diagnose actors with fake diseases in Golden Globes skit Gymnast McKayla Maroney reveals relentless sexual abuse from Olympic doctor 5 places to play free online math games for kids and adults Amazon changes app icon again, ditching that problematic 'mustache' Did bots help push GameStop and ‘meme stocks’? A new report says yes. Best moments: Tina Fey and Amy Poehler monologue 2021 Golden Globes Maya Rudolph is set to host 'SNL' after her many Kamala Harris cameos There are two types of texters in the world. Which one are you? 'Coming 2 America' review: A heartfelt and hilarious sequel The 'First of all' meme is the sass the world needs right now
2.9457s , 8256.125 kb
Copyright © 2025 Powered by 【male eroticization】,Fresh Information Network