WeWork to Lay-Off Over 2,400 Employees

WeWork to lay-off over 2,400 employees.

 

WEWORK

To lay-off 2,400 employees.

In an attempt to reduce mounting losses and find a viable path forward following a failed IPO, office-space startup WeWork has reported that it would be laying off over 2,400 employees, about 17% of its workforce. WSJ

 

These employees will be receiving continued benefits, and other forms of assistance to aid in their career transition

 

The lay-offs have so far impacted departments across the company, including WeWork's human resources, growth, and corporate technology departments. CNN Business

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