Office Sharing

WeWork Begins Layoffs Of 20 Pct. Of Workforce
WeWork Begins Layoffs Of 20 Pct. Of Workforce
November 21, 2019  |  Personnel

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...

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WeWork Could Eliminate A Third Of Workforce
WeWork Could Eliminate A Third Of Workforce
November 18, 2019  |  Personnel

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...

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WeWork Officially Shelves IPO
WeWork Officially Shelves IPO
September 30, 2019  |  IPO

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). The office-sharing...

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SoftBank Considers $1B WeWork Investment Following Stalled IPO
SoftBank Considers $1B WeWork Investment Following Stalled IPO
September 26, 2019  |  IPO

A tumultuous week for WeWork will ultimately bring more investment money for the office-sharing firm, Reuters reported on Wednesday (Sept. 25). Japan’s SoftBank Group is...

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SoftBank Invests $3B More In WeWork
SoftBank Invests $3B More In WeWork
November 14, 2018  |  B2B Payments

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...

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WeWork Makes Its Pitch As An Innovation Enabler
WeWork Makes Its Pitch As An Innovation Enabler
October 12, 2018  |  Innovation

The innovation economy requires more than caffeine and collaboration for fuel. A common workspace is fine, but so is mentorship and even splashy awards shows...

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