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Rabu, 23 Oktober 2019

MUST READ: Inside WeWork's all-hands meeting, where its new chairman addressed concerns about worthless stock options

WeWork is no longer a one-man show. The embattled coworking company is moving past cofounder Adam Neumann's leadership towards more transparency, a soon-to-be leaner staff, and better accountability, WeWork's new chairman Marcelo Claure told employees on Wednesday at an all-staff meeting.
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MUST READ: Inside WeWork's all-hands meeting, where the new chairman from SoftBank addressed employee concerns about worthless stock options and Kanye West's 'Flashing Lights' played

WeWork is no longer a one-man show. The embattled coworking company is moving past cofounder Adam Neumann's leadership towards more transparency, a soon-to-be leaner staff, and better accountability, WeWork's new chairman Marcelo Claure told employees on Wednesday at an all-staff meeting.

Claure spoke broadly about how WeWork would move forward by focusing on its core businesses. The SoftBank chief operating officer said he has no specific numbers on jobs yet, but is committed to "fast" cuts.

Some employees had told Business Insider they were worried about the value of their options in the tender offer that's part of SoftBank's massive bailout of WeWork. Claure addressed those concerns, saying he would work with human resources on a plan and that "nobody should have a worthless option."

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