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Report: WeWork expected to cut 500 tech roles

Report: WeWork expected to cut 500 tech roles The WeWork saga continues this week with new reports the company may slash as many as 500 tech roles. The co-working business, whose eccentric co-founder and chief executive officer Adam Neumann stepped down two weeks ago, is expected to let go of 350 employees […]

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WeWork expected to announce major layoffs

WeWork expected to announce major layoffs WeWork, the co-working business once valued at $47 billion, is expected to announce significant layoffs this month, following reports the company was looking to slash as many as 5,000 roles, or one-third of its workforce, Bloomberg reports. Now expected to go public in 2020 at a valuation […]

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WeWork withdraws its S-1 filing, will delay its IPO

WeWork withdraws its S-1 filing, will delay its IPO WeWork’s parent organization The We Company just announced that it’s withdrawing the S-1 filing for its IPO. The coworking company has had a turbulent month since the filing went public, around both the general state of its finances and the behavior of co-founder/CEO Adam Neumann. […]

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WeWork proves that (venture) capitalism works

WeWork proves that (venture) capitalism works What’s the lesson of WeWork? Here’s a startup that has been a darling of Silicon Valley investors for years, whose offices and CEO have been stunningly painted across the covers of major trade magazines and strategically deployed across major tech conference stages, including our very own. […]

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Daily Crunch: WeWork CEO faces investor pressure

Daily Crunch: WeWork CEO faces investor pressure The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. As Adam Neumann reportedly faces pressure to step down; it’s looking […]

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The We Company reportedly will put its public offering on hold

The We Company reportedly will put its public offering on hold The We Company, parent company of the short-term real estate property management and development company WeWork and other We-related subsidiaries, is reportedly shelving its plans for an initial public offering. The company’s plans for a public offering have been hampered by […]

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We Company adds a director, ditches its $5.9 million naming deal with its CEO, remains a governance nightmare

We Company adds a director, ditches its .9 million naming deal with its CEO, remains a governance nightmare The company formerly known as WeWork, in an amendment to the S-1 that launched dozens of critical headlines, says it has added a new director to its board and unwound the $5.9 million payout […]

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