Some SoftBank executives have said the WeWork cofounder and former CEO's leaving package is too generous, Bloomberg reported.
Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank bosses seek to trim the $9.5 billion rescue deal they struck with WeWork last month, according to Bloomberg. Some SoftBank executives have said Neumann's leaving package — which reportedly includes $970 million from stock sales to SoftBank, a $500 million credit line, and $185 million in consultancy fees over four years — is too generous.
Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank bosses seek to trim the $9.5 billion rescue deal they struck with WeWork last month, according to Bloomberg. Some SoftBank executives have said Neumann's leaving package — which reportedly includes $970 million from stock sales to SoftBank, a $500 million credit line, and $185 million in consultancy fees over four years — is too generous.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
The WeWork fiasco might cost SoftBank a $2.8 billion loan from Japan's biggest banksThere's 'a definite change in mood' towards SoftBank since the WeWork debacle.
Baca lebih lajut »
WeWork to lay off 2,400 employees globally in SoftBank revampWeWork said on Thursday it is laying off around 2,400 employees globally, as the...
Baca lebih lajut »
WeWork to lay off 2,400 employees in SoftBank revampWeWork said on Thursday it is laying off around 2,400 employees, almost 20% of i...
Baca lebih lajut »
WeWork Lays Off 2,400 Employees In Latest Round of Cost-CuttingMore bad news for the embattled office-sharing startup.
Baca lebih lajut »
WeWork said it is laying off 2,400 employees globallyWeWork says it is laying off about 2,400 employees globally as part of a broader effort to cut costs and find a viable path forward after a disastrous IPO attempt
Baca lebih lajut »
WeWork Ends Honor-System Snack Program Because No One Was HonestPlus, black farmers are suing Burger King’s chicken supplier for discrimination, and more news to start your day
Baca lebih lajut »