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WeWork looking to slow, but not stop, its roll amid headwinds

It's been the fastest-growing flexible space provider in Greater Washington, but WeWork's decision to table its initial public offering for now doesn't necessarily mean the party's over. The company plans to honor its recently inked deals in the region .....»»

Category: topSource: bizjournalsOct 2nd, 2019

The Wall Street Journal: WeWork parent may drop IPO value below $20 billion amid investor skepticism

WeWork’s parent is eyeing a valuation for its initial public offering that could fall below $20 billion as some existing investors push the workspace company to shelve the planned offering, people familiar with the matter said......»»

Category: topSource: marketwatchSep 8th, 2019

WeWork Accused of Mishandling Sexual Assault Reports Amid ‘Frat-Boy Culture’

A former employee says she was fired after complaining HR did not adequately handle her reports of assault. WeWork, the company that provides shared work spaces popular with startups, .....»»

Category: europeSource: fortuneOct 12th, 2018

WeWork is said to be weighing 2 financial rescue plans

The parent company of WeWork is at a crossroads as it tries to keep itself afloat after its failed initial public offering and the ouster of its longtime chief executive......»»

Category: topSource: bizjournals4 hr. 51 min. ago

WeWork backing away from new leases

WeWork has scrapped plans for at least two major Downtown locations and has indefinitely paused negotiations for three other lease deals in Midtown amid growing concerns about the company's financial... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 8th, 2019

Employee Morale At Uber Decimated As Company Slashes Jobs, Cuts Office Perks Like Coffee

Employee Morale At Uber Decimated As Company Slashes Jobs, Cuts Office Perks Like Coffee Uber's stock price has fallen more than 30% since its IPO, catalyzing a "tightening of the belt" at the company that has caused office perks - .....»»

Category: blogSource: zerohedgeOct 3rd, 2019

Therese Poletti"s Tech Tales: WeWork is a symptom of a disease that may not have a cure

The spectacular blow-up of the public offering of WeWork’s parent company We Co. shows t.....»»

Category: topSource: marketwatchOct 2nd, 2019

WeWork weighs pullback in China as part of cost cuts: WSJ

WeWork's parent The We Company's new management team is considering curbing its expansion plans in China as part of the company's new emphasis on controlling costs, the Wall Street Journal reported, citing people familiar with the matter......»»

Category: topSource: reutersOct 1st, 2019

WeWork may drag on New York City"s office market

CNBC's "Power Lunch" team talks about what happened with WeWork's IPO and what may be next for the company with Peter Grant, commercial real estate reporter with The Wall Street Journal......»»

Category: realestateSource: cnbcOct 1st, 2019

WeWork says it will withdraw its initial public offering filing, postponing IPO indefinitely

The embattled co-working company has lost its chief executive and seen its valuation tank in just a few weeks......»»

Category: topSource: washpostOct 1st, 2019

WeWork throws in the towel on ill-fated IPO

WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup removed founder Adam Neumann as its chief executive officer......»»

Category: videoSource: reutersSep 30th, 2019

WeWork throws in the towel on its ill-fated IPO

WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup ousted founder Adam Neumann as its chief executive officer......»»

Category: topSource: reutersSep 30th, 2019

WeWork went from a $47 billion valuation to a failed IPO. Here"s how the company makes money.

WeWork is postponing its initial public offering indefinitely. CEO Adam Neumann stepped down and was replaced by Sebastian Gunningham and Artie Minson, as permane.....»»

Category: topSource: businessinsiderSep 30th, 2019

WeWork says it will file to withdraw IPO

WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed firm removed founder Adam Neumann as its chief executive officer......»»

Category: topSource: moneycentralSep 30th, 2019

WeWork throws in the towel on ill-fated IPO

WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup removed founder Adam Neumann as its chief executive officer......»»

Category: topSource: reutersSep 30th, 2019

NewsWatch: Peloton stock spins in reverse during trading debut as IPO market cools down

Shares of Peloton Interactive Inc. backpedaled on Thursday after the connected-fitness company held its initial public offering amid skepticism about fast-growing tech names......»»

Category: topSource: marketwatchSep 26th, 2019

Peloton stock spins in reverse during trading debut as IPO market cools down

Shares of Peloton Interactive Inc. backpedaled on Thursday after the connected-fitness company held its initial public offering amid skepticism about fast-growing tech names......»»

Category: topSource: marketwatchSep 26th, 2019

All the unusual investments WeWork"s cofounder Adam Neumann has made, from a medical marijuana provider to a wave pool maker

Fortune Brainstorm WeWork, the workspace-sharing company, decided last week to delay its initial public offering until later this year at the earliest. Its CEO, up until this week.....»»

Category: topSource: businessinsiderSep 24th, 2019

Pressure mounts on WeWork CEO Adam Neumann as board weighs coup

Adam Neumann has said his mission as WeWork’s chief executive is to elevate the world’s consciousness. Members of his board are now discussing a plan to elevate someone else to run the company and salvage its troubled initial public offering......»»

Category: topSource: moneycentralSep 23rd, 2019

Pressure mounts on WeWork CEO Adam Neumann as board weighs coup

Adam Neumann has said his mission as WeWork’s chief executive is to elevate the world’s consciousness. Members of his board are now discussing a plan to elevate someone else to run the company and salvage its troubled initial public offering......»»

Category: topSource: moneycentralSep 23rd, 2019