3 ms·
From the article, 2,400 employees is 19% of the peak of 12,500 employees on June 30. There was no mention of where the cuts were made however. I am curious how
by roland35 7y ago
From the article, 2,400 employees is 19% of the peak of 12,500 employees on June 30. There was no mention of where the cuts were made however.
I am curious how many "white collar" type jobs WeWork would have, since I heard from previous discussions here that they were hiring for roles in unrelated-to-real-estate things like machine learning. I would imagine that there are lots of hourly-type roles managing the sites, but 12,500 seems reasonable for 849 locations (from https://www.wework.com/locations https://www.wework.com/locations), ~14 people per location, assuming that they are included in that 12,500 number.
- deleted 7y ago[deleted]
- ben_jones 7y agoI currently keep a wework hotdesk and they do have a sizable headcount at each location - 3 rotating front desk people, a location manager, and maybe 3/4 rotating maintenance staff. I think they might contract out the maintenance staff, but that's still 4x number_of_locations just for that.
- pkaye 7y agoHow many office did WeWork have at peak vs current?
- barbecue_sauce 7y agoDidn't WeWork own/purchase some sort of dev contracting business?
- Traster 7y agoOne of the big overheads of WeWork was staffing a faux-technology organisation in order to justify the disruptive silicon valley tech valuation. I image a lot of those people are long gone. I'm sure there's a load of IPO related staff that are ripe for cutting too.