WeWork

WeWork is an American commercial real estate company that provides shared workspaces for technology startups, and services for other enterprises. Founded in 2010, it is headquartered in New York City.

WeWork is revolutionizing the way people and companies work. Get flexible workspaces, agile services, and leading technologies to move your business forward.

We believe in empowering our team to create their own life's work. We move fast and we challenge each other, but we look after each other and care about our culture, which makes working here extremely rewarding. There's a lot of work left for us to do, and we couldn't do it without a single member of our team.

(source: wework.com)

SoftBank’s Struggling Vision Fund On Track To Lose $16.5B
SoftBank’s Struggling Vision Fund On Track To Lose $16.5B
April 13, 2020  |  Investments

SoftBank Group Corp. is forecasting that its $100 billion Vision Fund will lose $16.5 billion in the financial year ending March 31, which means the...

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WeWork Files Suit Against SoftBank For Withdrawing $3B Offer
WeWork Files Suit Against SoftBank For Withdrawing $3B Offer
April 07, 2020  |  Legal

WeWork is not taking SoftBank Group Corp.’s withdrawal of its $3 billion offer lying down. The New York-based company has filed a lawsuit in the...

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Luckin’s Jolt and Echoes of WeWork’s Governance Debacle
Luckin’s Jolt and Echoes of WeWork’s Governance Debacle
April 07, 2020  |  International

For China’s Luckin Coffee, call it a jolt of the most unpleasant sort. Internal investigations, fabricated revenues, torched stock price and now the lenders have...

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Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
April 02, 2020  |  News

In today’s top news, Apple will end its practice of taking a commission from streaming platforms operating on its devices, and Softbank pulled out of...

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SoftBank Abandons WeWork Deal; Lawsuit Likely
SoftBank Abandons WeWork Deal; Lawsuit Likely
April 01, 2020  |  Investments

SoftBank finally pulled out of its $3 billion deal to purchase office sharing startup WeWork, after murmurs of such last month amid the fiscal turmoil...

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WeWork To SoftBank: Hold Up Your End Of Our Deal
WeWork To SoftBank: Hold Up Your End Of Our Deal
March 23, 2020  |  Investments

An agreement between SoftBank and WeWork to bail out the latter from dire fiscal strife may be about to fall apart as SoftBank reportedly is...

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Today In Payments: FDIC Defines Bank Regs For FinTechs; Treasury Secretary Warns Of Depression-Like Unemployment
Today In Payments: FDIC Defines Bank Regs For FinTechs; Treasury Secretary Warns Of Depression-Like Unemployment
March 18, 2020  |  News

In today’s top news, the FDIC is planning on setting new regulations for FinTechs and industrial banks, and Treasury Secretary Steven Mnuchin said U.S. unemployment...

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SoftBank May Drop Plan To Buy $3B In WeWork Stock
SoftBank May Drop Plan To Buy $3B In WeWork Stock
March 17, 2020  |  Investments

A big part of SoftBank’s bailout plans for office sharing company WeWork could be in jeopardy after SoftBank backed away from a plan to buy...

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WeWork Could Cut 1K Employees In New Wave Of Layoffs
WeWork Could Cut 1K Employees In New Wave Of Layoffs
March 13, 2020  |  Personnel

Embattled co-working company WeWork is facing another set of layoffs while trying to cut expenses and rebound from a tough period that saw a failed...

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