CEO ouster, looming layoffs and devaluation turn WeWork into cautionary tale – TechCrunch

Major layoffs are all but inevitable at high-flying real estate startup WeWork after Adam Neumann succumbed to pressure today to step down as CEO and take the role instead of non-executive chairman of the company he cofounded nine years ago. Two well-placed sources tell us that the scope is likely to be massive, and includes […]

CEO ouster, looming layoffs and devaluation turn WeWork into cautionary tale – TechCrunch Read More »