WeWork lays off 2,400 employees
https://www.cnbc.com/2019/11/21/wework-lays-off-2400-employees.html
What kind of jobs were cut?
We don’t know
Product managers and data analysts among other positions
WeWorkNoMore
WeUsedToWork
WeWorked
The sky is blue
The Power of We(nt)
How is this justified? CEO walks out with big paycheck for bringing down the company while the employees suffer before the holidays. SoftBank geniuses made the investing world a child’s game by throwing money at shitty self proclaiming companies like Wework.
The CEO’s ownership was bought out. Those fired workers never would have been hired and paid without Neumann (or SoftBank for that matter).
Haha so happy we are laid off, fat severance
How much are severances? Is it % of salary?
Tell us about your severances?
Is it known where the layoffs are affecting most?
Just saw a Wework commercial for the first time on TV yesterday. Thought that was unusual