قالب وردپرس درنا توس
Home / Business / WeWork reportedly expected to lay off 2,000 workers as soon as this week

WeWork reportedly expected to lay off 2,000 workers as soon as this week



A WeWork logo is located at a WeWork office in San Francisco, September 30, 2019.

Kate Munsch | Reuters

WeWork is expected to lay off at least 2,000 people, about 13% of its staff, as soon as this week, the Guardian newspaper reports.

WeWork staff told the Guardian they do not stop there , 15,000 person workforce could be sacked. The information reported in September that executives and bankers have been cutting down to a third of those workers.

Employees also told the Guardian that they have been put on hold.

WeWork declined to comment to the Guardian. CNBC's request for an additional comment.

Last month, the startup of the plan to go public. Its much-anticipated IPO prospectus in August revealed a massive $ 900 million loss in the first six months of 201

9 and drew skepticism over its corporate governance. WeWork had a private market valuation of about $ 47 billion.

There has been a showdown between former CEO Adam Neumann and SoftBank chief Masayoshi Son, who has invested into the start -up. Neumann stepped down last month. Neumann, who is also a co-founder.

WeWork rents out office space to start-ups, freelancers and enterprises by investing in real estate in some of the most expensive markets around the world.

CNBC's Alex Sherman and Lauren Feiner contributed to this report.


Source link