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"Thank you, WeWork" — 2 of the coworking startup"s biggest rivals are cashing in after its public meltdown

Reuters Two of WeWork's biggest rivals are cashing in on the collapse of its initial public offering, its rescue by SoftBank, and its ongoing overhaul. "Thank you, WeWork," IWG CEO Mark Dixon told Fast Company, adding that the co.....»»

Category: topSource: businessinsiderNov 20th, 2019

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

Cathay Pacific turns to old playbook for virus crisis amid employee resistance

Leaning on its SARS experience, Hong Kong's Cathay Pacific Airways Ltd has slashed flights, asked staff to take unpaid leave and is re-assessing its fleet as it battles an epidemic and a crisis of morale after pro-democracy protests......»»

Category: topSource: reutersFeb 14th, 2020

Tesla temporarily closes China stores amid coronavirus fears

Tesla has temporarily closed its stores in mainland China as of Sunday, Feb. 2, according to an online post from a company sales employee on that date......»»

Category: topSource: moneycentralFeb 6th, 2020

Cannabis Watch: U.S. pot retailer MedMen says it’s trying to use stock to pay its bills amid cannabis industry’s cash crunch

U.S. marijuana retail chain MedMen Enterprises Inc. has been offering vendors shares in its company as payment for cannabis products amid a cash crunch in the industry......»»

Category: topSource: marketwatchJan 24th, 2020

ExtraHop expands executive team with strategic alliance, cybersecurity marketing vets

The move comes months after the company added former F5 President and CEO John McAdam to its board of directors amid its refocus on cloud cybersecurity......»»

Category: topSource: bizjournalsDec 23rd, 2019

Bellevue software company goes public on Australian market

Limeade aimed to raise more than $338 million in an initial public offering on the Australian Securities Exchange under the ticker LME on Thursday. The Bellevue-based employee experience software company raised nearly $69 million ahead of the IPO .....»»

Category: topSource: bizjournalsDec 20th, 2019

Facebook tumbles in ranking of best places to work

Social media company's role in a series of data privacy scandals is taking a toll on employee morale, report finds.....»»

Category: topSource: moneycentralDec 11th, 2019

Canva cofounder says the $3.2 billion Australian startup is "more stable" than WeWork, amid chatter about overvalued unicorns

Supplied Canva's cofounder and chief product officer, Cameron Adams, has reiterated confidence in his company's massive $3.2 billion valuati.....»»

Category: topSource: businessinsiderDec 11th, 2019

Canva"s co-founder says the $3.2 billion Australian startup is "more stable" than WeWork, amid chatter about overvalued unicorns

Supplied Canva's Chief Product Officer and Co-Founder Cameron Adams reiterated confidence in his company's massive $3.2 billion valuation, saying that the graphic design startup has "underly.....»»

Category: topSource: businessinsiderDec 11th, 2019

WeWork appoints new executives as part of five-year plan

WeWork’s chairman outlined a five-year turnaround plan at a meeting with employees Friday and introduced new additions to the executive team. The embattled real-estate company has a target to become... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 26th, 2019

5 Reasons Why Employee Development Programs Will Help Your Company Grow

The majority of today's workforce is willing to leave a job for better career development opportunities. It's time for leaders to listen -- or lose their team......»»

Category: topSource: moneycentralNov 20th, 2019

The New York attorney general is investigating WeWork amid layoffs

Reuters Reuters reports that New York's attorney general is investigating the embattled workspace giant WeWork. The company confirmed it had been.....»»

Category: topSource: businessinsiderNov 19th, 2019

T-Mobile CEO John Legere is stepping down in May 2020 amid rumors he"s been talking to WeWork about running the company (TMUS)

T-Mobile T-Mobile CEO John Legere is stepping down in May 2020, the mobile service provider announced on Monday morning. Legere will hand over the reins to COO and president Mike Siever. It's not clear what Legere's next move is after T-Mobile, but he .....»»

Category: topSource: businessinsiderNov 18th, 2019

WeWork lost $1.25 billion in third quarter

The co-working company's losses increased sharply as it expanded ahead of a failed initial public offering......»»

Category: topSource: bizjournalsNov 13th, 2019

WeWork losses widen to $1.25 billion amid record office space expansion

The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 billion as the money-losing shared-office operator added a record number of desks to its global network but was unable to control rising costs......»»

Category: topSource: reutersNov 13th, 2019

Fidelity Contrafund cuts value of WeWork stake by 35%

Fidelity Investments cut the value of Contrafund's stake in WeWork Companies Inc by 35% in September amid turmoil surrounding the office-sharing startup's failed initial public offering (IPO)......»»

Category: topSource: reutersOct 30th, 2019

JS Global pulls Hong Kong listing amid trade gloom: sources

Household appliances maker JS Global Lifestyle Company Ltd pulled its initial public offering of up to HK$3.62 billion ($464 million) on Saturday, the third float delayed in Hong Kong so far this year, two sources told Reuters......»»

Category: topSource: reutersOct 26th, 2019