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WeWork, whose main business is leasing, renovating and subletting office spaces, said it would be laying off 2,400 employees worldwide, owing to enormous losses.

WeWork, the ailing office-sharing giant that until recently was the highest valued startup in America, that it will lay off 2,400 employees, or nearly 20% of its workforce.

‘We were sold off’: WeWork’s support staff face uncertain future as company collapses

WeWork to cut one-fifth of headcount in restructuring after US$9.5 billion SoftBank rescue

WeWork is letting 2,400 employees go and outsourcing 1,000 cleaning and facilities jobs as part of a company-wide belt-tightening, reports @ptsarahdactyl .

‘We were sold off’: WeWork’s support staff face uncertain future as company collapses

WeWork laying off 2,400 employees to 'create a more efficient organization'

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But if you think of WeWork as a massive transfer of wealth from Saudi Arabia to an Israeli entrepreneur via an ethnic-Korean Japanese visionary it's really a heart-warming story of cross-cultural trade worthy of the Model UN

Things that didn’t exist when Lehman Brothers collapsed this day in 2008: Uber Instagram Bitcoin iPad Snapchat Apple Maps Angry Birds Kickstarter GoFundMe WhatsApp Apple Watch FB Messenger Candy Crush Pinterest Alexa Venmo WeWork WeChat Tinder Twitch Siri Square Stripe Slack

Every one of these U.S. tech companies was founded by 1st or 2nd generation immigrants: Apple Google Amazon Facebook Oracle IBM Uber Airbnb Yahoo Intel EMC eBay SpaceX VMWare AT&T Tesla NVIDIA Qualcomm Paypal ADP Reddit SlackHQ WeWork Stripe Cognizant Intuit Optimism at #DLD19 

After firing hundreds of staff, the WeWork CEO held a somber all-hands meeting explaining why it was a necessary move, but then trays of tequila were handed out and DMC from Run-DMC burst into the room and performed "It's Tricky"

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WeWork used artificial intelligence to learn that people drink coffee in the morning so they should hire a barista

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U.S. technology companies founded by 1st and 2nd generation immigrants: Apple Google Amazon Facebook Oracle IBM Uber Airbnb Yahoo Intel EMC eBay SpaceX VMWare AT&T Tesla NVIDIA Qualcomm Paypal ADP Reddit SlackHQ WeWork Stripe Cognizant Intuit 3M

If you wake up on a Casper mattress, hail Lyft to get to your desk at WeWork, use DoorDash to order lunch, and get an Uber home, you've spent the day interacting with companies that will collectively lose nearly $13 billion this year.

If you work at WeWork, drive home with Uber, and then order food by DoorDash, you're engaging with three companies that are projected to lose about $13 billion this year.

If you buy WeWork shares, you're actually buying shares in a company that owns a company that owns another company in a partnership with some WeWork executives, which owns a WeWork holding company that owns all WeWork's businesses.

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Every one of these U.S. tech companies was founded by 1st or 2nd generation immigrants: Apple Google Amazon Facebook Oracle IBM Uber Airbnb Yahoo Intel EMC eBay SpaceX VMWare AT&T Tesla NVIDIA Qualcomm Paypal ADP Reddit SlackHQ WeWork Stripe Cognizant Intuit via Vala Afshar..

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