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