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WeWork

WeWork hires new boss to start fresh chapter

Embattled office-sharing firm WeWork has hired a new CEO to turn the page on Adam Neumann, its co-founder and former leader whose antics have finally tired investors. Sandeep Mathrani, a real estate industry veteran, will officially take over on February 18, WeWork said in a statement published Saturday. He will be charged with the difficult
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wework

WeWork to lay off 2,400 workers worldwide

Embattled office-sharing startup WeWork said Thursday it will lay off 2,400 employees worldwide as the company struggles to reorganize amid mounting losses. The news comes in the wake of the company’s failed attempt to launch an initial public offering. READ ALSO: I’ve no rift with Edwin Clark — Orubebe The dismissed workers “will receive severance,
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