NEW: Read the full email from WeWork’s chairman to employees announcing layoffs.
WeWork is preparing to cut at least 4,000 jobs in a bid to achieve financial stability and those layoffs could be announced as early as this week, the New York Times reported.In a memo to employees, WeWork Chairman Marcelo Claure confirmed layoffs were coming this week, but did not say how many.
WeWork is preparing to cut at least 4,000 jobs in a bid to achieve financial stability and those layoffs could be announced as early as this week,The start-up could lay off 2,000 to 2,500 employees in its main office-space renting business, two people with knowledge of the matter told the Times.
We will need a more efficient, more focused and even more customer-centric organization to grow and continue to help our members change the way they work, and meet their needs. That requires changing WeWork's team to match our customer-centric priority.
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