More bad news for the embattled office-sharing startup.
"As part of our renewed focus on the core WeWork business, and as we have previously shared with employees, the company is making necessary layoffs to create a more efficient organization,” a WeWork spokesperson told. “The process began weeks ago in regions around the world and continued this week in the U.S.”
“This workforce reduction affects approximately 2,400 employees globally, who will receive severance, continued benefits, and other forms of assistance to aid in their career transition,” the spokesperson said. “These are incredibly talented professionals and we are grateful for the important roles they have played in building WeWork over the last decade."
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