News Formal

WeWork cuts begin as the company faces coronavirus crisis - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Here's how WeWork is rolling out global layoffs over Zoom as the coworking giant struggles to cope with coronavirus fallout

WeWork laid staff off on Thursday in cuts that could continue for the next month.

The latest cuts come on top of thousands of jobs the coworking company has slashed after its IPO imploded last year. The laid-off employees received the same severance as those affected by theThe total number of cuts was not communicated to employees, said multiple sources.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

zoom_us

Only if WeWork had diversified into agricultural real estate.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'FREE AMERICA NOW': Elon Musk is now protesting US lockdowns - Business InsiderMusk's reaction to the coronavirus crisis has been a confusing mix. He is hacked I agree. Business can start but Within safety measures until a vaccine is in place. Stopping something entirely is not going to do anyone any favours.
Source: BusinessInsider - 🏆 729. / 51 Read more »