After aggressive cost-cutting procedures, including mass layoffs and selling numerous of its businesses, WeWork’s chairman expects the company to have favorable capital in 2021. Marcelo Claure, who became WeWork’s chairman after co-founder Adam Neumann resigned as ceo last fall, informed the Financial Times that the co-working space startup is on target to […] In addition to the layoffs, WeWork offered off organisations consisting of Flatiron School, Teem and its share of The Wing. his habits. The business delayed its IPO filing. Regardless of the impact of the COVID-19 pandemic, which required many people to work from house, Claure said that business have been renting areas from WeWork to serve as satellite offices close to where staff members live. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.
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