WeWork is in talks with T-Mobile US Inc Chief Executive Officer John Legere to t...
The talks come weeks after SoftBank Group spent more than $10 billion to take over WeWork, including a $1.7 billion payoff to its co-founder Adam Neumann to relinquish control.SoftBank Chief Operating Officer Marcelo Claure became the executive chairman of WeWork parent The We Company, following the bailout by the Japanese firm.
Artie Minson, chief financial officer, and Sebastian Gunningham, vice chairman, currently serve as the co-chief executives of The We Company. SoftBank owns 80% of the troubled office-sharing startup, but has not consolidated the company on its books because it will not hold a majority of voting rights.
SoftBank has four board seats on the company’s expanded 10-member board. The startup is looking for a new leader who could join as soon as January, the WSJ report said.
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T-Mobile CEO John Legere is reportedly in talks to become new CEO of WeWorkWeWork is reportedly in talks with T-Mobile CEO John Legere about possibly taking over the struggling office sharing company.
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WeWork is reportedly talking with T-Mobile's famously eccentric boss John Legere about taking over as CEOT-Mobile CEO John Legere is reportedly being considered by WeWork as a possible future CEO of the embattled office-sharing company.
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WeWork is outsourcing its cleaning staff to real estate giant JLLThe staffing changes, which were planned months ago, come as WeWork looks to cut costs in a number of areas following a bailout from SoftBank.
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Lisbon tech confab is antidote to WeWork gloomEntrepreneurs and investors who joined the 70,000-strong Web Summit crowd were unfazed by plunging valuations of SoftBank-backed companies, including the office sublessor. Still, the reality check is making sustainable growth and positive cash flow the industry’s new watchwords.
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A former WeWork employee is suing over Adam Neumann's $1.7 billion golden parachute | Markets InsiderA former employee is taking WeWork to court over cofounder Adam Neumann's reported $1.7 billion golden parachute. Natalie Sojka's lawsuit accuses Neumann ...
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Softbank is getting exactly what it deserves, and it's thanks to something way bigger than WeWorkSoftbank made investments hoping that its companies would turn into monopolies — a precarious bet. Thankfully for consumers it isn't paying off.
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