https://www.theinformation.com/articles/wework-plans-to-shed-one-third-of-technology-employees
And they had 1500 tech employees? Wow! It’s just some basic inventory management software, 5-7 engineers and a true leader could build it just fine!
How many tech employees does booking have? 5-7?
I am not the one who runs Booking.com.
It’s near bankruptcy. https://www.businessinsider.com/wework-seeks-4-billion-lifeline-softbank-jpmorgan-ipo-flop-2019-10
Their CEO cashed out 700M already. What a fucker.
You mean, what a smart guy?
What does a real estate leasing company need SWEs anyways? Like developing the fancy door access system?
That’s $500-$750M in annual cost savings
An average engineer costs 1-1.5M annually? Even if counting potential revenue from the space used, I'd be amazed. No way
Yes. Take their post and double it. Taxes and insurance are a b!tch
F
Sigh
Wework is/was a software company and not just a fake tech company?
I guess they need people to write WeOS, whatever dafuq that’s supposed to be
Im on Adam’s side. Suck those vc vultures dry.
Are you under the impression that VCs are investing their own money?
Looks like we going to see an increase of folks walking the streets barefoot while sippin tequilas in San Francisco
It’s tricky drinking in SF. You may attract a crackhead if you drink on the streets.
How do you like Product at Deloitte?