Who's worse, this WeWork dude or the Elizabeth Holms?
"As part of our renewed focus on the core WeWork business, and as we have previously shared with employees, the company is making necessary layoffs to create a more efficient organization," a company spokeswoman said in a statement. "This workforce reduction affects approximately 2,400 employees globally, who will receive severance, continued benefits, and other forms of assistance to aid in their career transition," the New York-based company added.
https://www.bloomberg.com/news/articles/2019-11-21/wework-says-it-s-cutting-2-400-jobs-globally-to-reach-efficiencyBonds drop further into distress to record low of 69.7 cents
Valuation has plummeted to about $8 billion from $47 billion
Hopefully every one of the employees who is getting laid off as a result of his scam punches him in his smug face whenever they walk past him, for the rest of his life. At least $100 million of his severance should have gone to them.
Anyone here actually work for Wework? I had interviews the other year, but stopped short of the last one because I didn't want to move to NYC.
Not sure what I was thinking. Would have been a bad move to leave my current job with a solid company.
In any case, it was a strange experience with the recruiter once I decided to drop out. Pretty rude and college like atmosphere it felt like.
What a huge surprise, an israeli con man. How anyone ever gives money to these obvious israeli crooks is baffling. bernie cornfield, bernie madoff, barry minkow, ivan boesky