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Did WeWork collapse? They just took an entire new floor over in the building I work. They had 2 floors before. Now have a third. This is in Oakland, CA. In
by e40 7y ago
Did WeWork collapse? They just took an entire new floor over in the building I work. They had 2 floors before. Now have a third. This is in Oakland, CA. In a very expensive, hip locale.
- astura 7y agoCollapse probably isn't the right word because they are still in business, but they certainly tripped. They were forced to cancel their IPO, sell their stake in all non-core business, oust their CEO/founder with a billion dollar golden parachute, and lay off like a quarter of its employees. What collapsed was the cult of personality around Adam Neumann.