SoftBank takes ownership of WeWork with $9.5 bn rescue deal

Binu Paul

About a month after its founder Adam Neumann stepped down as CEO, co-working giant WeWork and its largest investor SoftBank Group ....

23 October, 2019

Co-working space provider WeWork might lay off 500 employees: Report

Tanmay Tiwary

SoftBank-backed co-working space provider WeWork is planning to cut 500 tech roles, TechCrunch reports. The New York-based ....

9 October, 2019
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TechThisWeek: Adam Neumann, Facebook ICC, IRCTC IPO, Alibaba and Ant Financial

Shweta Sharma & Payal Ganguly & Anirban Ghoshal

Things have gone south all too quickly for WeWork, the SoftBank-backed co-working company that’s become the poster child ....

28 September, 2019

WeWork’s Neumann gives in to shareholder pressure, steps down as CEO

Supriya Roy

WeWork chief executive officer Adam Neumann will step down from his position in another twist to the loss-making company’s ....

25 September, 2019

WeWork’s IPO filing decoded: How losses will continue and CEO will maintain control

Payal Ganguly

The We Company, the parent of shared workspaces provider WeWork, filed documents for its planned initial public offering (IPO) ....

16 August, 2019