The We Company
Infrastructure
WeWork names Brookfield exec Sandeep Mathrani as CEO
SoftBank-backed office sharing firm WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive on Saturday. Mathrani will ......
Infrastructure
WeWork to lay off 2,400 employees in SoftBank revamp
WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company ......
Infrastructure
WeWork loss widens to $1.25 bn amid office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......
Infrastructure
WeWork plans to lay off nearly a third of global staff
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......
Infrastructure
SoftBank to skip WeWork's lease obligations with new funding lifeline
SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the ......
Infrastructure
WeWork India fights for funds after talks with ICICI Bank collapse
WeWork's India franchise has seen talks with local lender ICICI Bank Ltd on $100 million in funding break down since ......
Infrastructure
SoftBank-backed WeWork to formally withdraw ill-fated IPO
WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after ......
Infrastructure
SoftBank may pump $1 bn more into troubled office-sharing startup WeWork
SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement ......
People
WeWork's Adam Neumann to quit as CEO after SoftBank push
WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control, after SoftBank ......
People
SoftBank turns against WeWork CEO Adam Neumann
Japan's SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann ......