filed its IPO paperwork in August 2019, though immediately after faced scrutiny from investors and the media over its plans for profitability. Following the failed IPO, SoftBank, WeWork's biggest investor, took control and gave Neumann some $1.7 billion to step down from the company's board of directors.
The company has worked to modify its culture and announced in January plans to remove its free beer and wine taps globally by the
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