WeWork lays off 2,400 workers in $9.5billion SoftBank takeover

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WeDontWork: More than 2,400 WeWork employees are laid off in $9.5billion SoftBank takeover

Job cuts have long-been anticipated at the troubled office-share startup, which was given a $9.5 billion lifeline by SoftBank to right itself and make money. Under co-founder and former CEO Adam Neumann's leadership, WeWork became bloated and dilluted by side businesses, including running a school.

Source: Education Headlines (educationheadlines.net)

 

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