NEWSW.WORLD: Latest World and US News of the Day 16:24, 2019-11-08

Awaiting Layoffs, WeWork Employees Say Founder’s Payout is ‘Graft’

In a letter, workers asked executives to treat those who will lose their jobs humanely while giving people who remain more say in decisions....

Awaiting Layoffs, WeWork Employees Say Founder’s Payout is ‘Graft’

Source: www.nytimes.com

Awaiting Layoffs, WeWork Employees Seek a ‘Seat at the Table’ In a letter, workers asked executives to treat those who will lose their jobs humanely while giving people who remain more say in decisions....
11:48, 2019-11-08

WeWork employees request ‘fair’ layoffs in letter blasting ‘greed’ of ex-CEO Employees at WeWork — which last month gave its ousted CEO Adam Neumann a $1.7 billion golden parachute — are demanding “fair and reasonable separati...
18:48, 2019-11-08

Former employees from WeWork share stories about Adam Neumann running around barefoot, yelling at employees and demanding cases of tequila WeWork; Eduardo Munoz/REUTERS; Samantha Lee/Business Insider We spoke with sources who worked closely with ousted WeWork CEO Adam Neumann, and many ...
02:32, 2019-09-30

Former employees from WeWork share stories about Adam Neumann running around barefoot, yelling at employees, and demanding cases of tequila WeWork; Eduardo Munoz/REUTERS; Samantha Lee/Business Insider We spoke with sources who worked closely with ousted WeWork CEO Adam Neumann, and many ...
03:12, 2019-09-30

Employees fear layoffs after CBS and Viacom merger The merger of CBS and Viacom has staffers bracing for layoffs — but the companies are keeping mum about when and where they’ll wield the ax. “The big...
03:52, 2019-08-14

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 con...
11:44, 2019-11-19

The CEO of Box just roasted former WeWork CEO Adam Neumann's $1.7 billion payout (BOX) Eduardo Munoz/Reuters SoftBank will reportedly give former WeWork CEO Adam Neumann $1.7 billion as part of a bailout plan for the office rental start...
01:48, 2019-10-23

16 wild details that reveal the lavish life of WeWork founders Adam and Rebekah Neumann Ben Hider/Getty Images Adam and Rebekah Neumann, the founding couple behind WeWork, left the coworking company after its disastrous IPO. In March, Fo...
22:00, 2019-10-14

Here's everything we know about WeWork exec exits, huge layoffs, and more as the co-working giant looks to right itself after a failed IPO Fortune Brainstorm WeWork's CEO Adam Neumann is out, blaming public scrutiny that he says was distracting him from doing his job. He'd been under int...
16:28, 2019-10-05

The New York state attorney general is investigating WeWork amid layoffs Reuters Reuters reported that the New York State Attorney General is investigating WeWork in the latest crisis facing the embattled workspace giant. ...
03:56, 2019-11-19

WeWork has reportedly postponed thousands of layoffs because it's too broke to pay workers severance WeWork has delayed laying off thousands of workers, because it doesn't have enough cash to pay them severance, The Wall Street Journal reported Monda...
02:56, 2019-10-22

WeWork rescue 'hands co-founder Adam Neumann $1.7bn payout' The cash-strapped office rental firm is reported to have accepted a rescue deal from Softbank....
20:56, 2019-10-22

SoftBank's founder is 'embarrassed and impatient' with his investments after troubles with WeWork and Uber, and now he's telling founders to 'know your limit' SoftBank founder Masayoshi Son told Nikkei Business that he is embarrassed of his investment record. Two of SoftBank's investments, Uber and WeWork, ...
18:00, 2019-10-07

WeWork CEO Adam Neumann may be asked to step down after the company had to delay its IPO. Here are 9 other founders who were pushed out of the companies they started. Jackal Pan/Visual China Group via Getty Images Shareholders of WeWork are reportedly meeting this week to discuss firing embattled CEO and founder A...
00:12, 2019-09-24

Bustle Digital Group employees are tweeting their layoffs, as at least 14 more writers and editors are cut Samantha Lee/Business Insider Digital media conglomerate Bustle Digital Group cut more employees Thursday following staggered terminations over the p...
22:20, 2019-11-07

All the details of SoftBank's WeWork takeover: SoftBank to own 80% of WeWork, Neumann steps down, and SoftBank invests billions. The new chairman will address employees on Wednesday. We Company; Samantha Lee/Business Insider SoftBank on Tuesday night announced a deal to take over WeWork. The rescue plan, which comes weeks before W...
10:58, 2019-10-23

All the details of SoftBank's WeWork takeover: SoftBank will own 80% of WeWork, Neumann steps down, and SoftBank invests billions. The new chairman will address employees on Wednesday. We Company; Samantha Lee/Business Insider SoftBank announced a deal to take over WeWork on Tuesday night. The rescue plan, which comes weeks before W...
05:04, 2019-10-23

WeWork lays off 2,400 employees Reuters Embattled office-sharing startup WeWork confirmed on Thursday that it had cut 2,400 jobs in a round of layoffs following its failed IPO attem...
17:12, 2019-11-21

Some WeWork employees are now worried that they have a 'black mark' on their resumes Some employees worry that their time at WeWork could be a "black mark" on their résumés, according to a New York Magazine Intelligencer...
22:40, 2019-09-30

WeWork is planning to lay off thousands of people — up to 25% of its employees —as its new CEOs focus on the core business WeWork WeWork is planning to lay off between 10% and 25% of its workforce, a source familiar with the situation told Business Insider. The cuts come ...
23:52, 2019-10-03

WeWork is planning to lay off thousands of people — up to 25% of its employees — as its new CEOs focus on the core business WeWork WeWork is planning to lay off between 10 and 25% of its workforce, a source familiar with the situation told Business Insider. The cuts come a...
00:12, 2019-10-04

In leaked email, WeWork cofounder Miguel McKelvey tells employees 'it takes fortitude to continue to believe' REUTERS/Bobby Yip WeWork's dual CEOs sent an email last week confirming to employees that a financing deal was in the works but that this would not s...
02:56, 2019-10-22

'It seems insane now' — WeWork employees bought into cofounder Adam Neumann's vision but grew worried as red flags mounted Michael Kovac/Getty Images for WeWork WeWork employees were swept up by cofounder and then-CEO Adam Neumann's wild ambitions and enthralled by his st...
12:04, 2019-11-08

After WeWork banned employees from expensing meat, Adam Neumann was spotted eating a giant lamb shank at a company dinner Getty Images More than 20 current and former WeWork employees explained what it was like to work at the shared space company. Multiple employees men...
23:16, 2019-09-29

Startups like Glossier and Rent the Runway love throwing Instagrammable 'summer camps' for employees — but WeWork's version has become a cautionary tale David M. Benett/Getty Images The demise of WeWork is shining a light on a raucous party culture at offsite events like corporate retreats within a ce...
15:20, 2019-10-15

LISTEN: Employees inside Adam Neumann's WeWork talk about the nonstop party to attain a $100 billion dream and the messy reality that tanked it Theo Wargo/Getty Images for iHeartMedia; Samantha Lee/Business Insider Business Insider's Julie Bort and Meghan Morris talked to 20 current and forme...
01:28, 2019-10-01

Ousted WeWork CEO Adam Neumann can still reportedly name directors to WeWork's board, even though he left the company Former WeWork CEO Adam Neumann retains the right to name directors to its board, even after being ousted from the troubled coworking company, Fast Co...
22:04, 2019-11-18

WeWork chairman Marcelo Claure told staff he's trying to clean up WeWork, after firing 13 people for abusing vendor policies WeWork WeWork chairman Marcelo Claure said in a Thursday night memo to staff obtained by Business Insider that 13 employees were fired for abusing it...
03:08, 2019-11-08

Uber and Lyft Pay Drivers Like Employees to Protest A Bill That Would Make Them Employees A California bill that would classify gig economy workers, such as Uber and Lyft drivers, as employees is currently winding its way through the legis...
00:32, 2019-07-17

Pakistan’s former president questioned in anti-graft probe ISLAMABAD (AP) — A Pakistani court has handed over the country’s former president to a national anti-graft body for questions regarding a multi...
13:04, 2019-06-11

Hungary opposition gets 680,000 backers for anti-graft plan BUDAPEST, Hungary (AP) — A Hungarian politician says 680,000 people have signed an appeal pressuring the government into joining a fledgling European...
18:40, 2019-06-05

Brother of Iran's President Rouhani sentenced for graft Hossein Fereidoun, brother and close aide of Iran's president, has been sentenced on unspecified corruption charges, according to IRNA. The president...
17:24, 2019-05-04

Indonesia police tear gas students protesting sex, graft laws Thousands gathered in cities around Indonesia to protest plans to criminalize premarital sex and weaken the country's corruption-fighting agency. Law...
17:16, 2019-09-24

Brazil's anti-graft operation Lava Jato in hot water Investigative platform The Intercept has revealed that the much-lauded anti-corruption campaign has been less impartial than it should be. It may hav...
21:32, 2019-07-24

Incyte's Jakafi gets FDA approval to treat Graft vs Host Disease The U.S. Food and Drug Administration on Friday approved Incyte Corp's treatment for acute Graft versus Host disease (GvHD), an inflammatory response...
21:40, 2019-05-24

Pakistan’s anti-graft body arrests sister of ex-president ISLAMABAD (AP) — Pakistan’s anti-graft body has arrested the sister of former president Asif Ali Zardari in connection with a multi-million-dol...
15:08, 2019-06-14

Malaysia extradites ex-Goldman banker facing US graft charge KUALA LUMPUR, Malaysia (AP) — Malaysia’s attorney general says former Goldman Sachs executive Roger Ng has been temporarily extradited to the U...
16:36, 2019-05-06

Romania ruling party boss gets 3 ½ years in prison for graft BUCHAREST, Romania (AP) — A Romanian court has sentenced the country’s most powerful politician to 3 ½ years in prison for official misconduct ...
14:00, 2019-05-27

Brazil to use $245 million from graft probe to protect Amazon: senator The head of Brazil's Senate said on Thursday he signed an agreement with the Supreme Court to assign 1 billion reais ($245 million) in graft money re...
21:32, 2019-09-05

Uhuru Kenyatta’s war on graft: a turning point or just scoring points? A Kenyan governor accused of corruption was ordered to step down during his trial, a minister and his deputy were arraigned in court for alleged abus...
13:12, 2019-07-31

Philips, under investigation in U.S. and Brazil, fired whistleblower who warned of graft Healthcare giant Philips was warned of suspicious sales of its medical equipment to the Brazilian government, and failed to halt them, nearly a decad...
15:16, 2019-08-21

Walmart employees call for walkout over gun sales Employees troubled by Walmart’s decision to continue to sell firearms, even after a mass shooting in one of it In the wake of the weekend’s deadly shootings in El Paso, Texas, and Dayton, Ohio, a pair of Walmart employees are joining a number of gun control ad...
01:48, 2019-08-08

Exclusive: Philips, under investigation in U.S. and Brazil, fired whistleblower who warned of graft Healthcare giant Philips was warned of suspicious sales of its medical equipment to the Brazilian government, and failed to halt them, nearly a decad...
09:33, 2019-08-21

Court ruling puts Guatemala vote, anti-graft fight in doubt GUATEMALA CITY (AP) — A high court ruling barring a crusading former prosecutor’s candidacy has turned Guatemala’s presidential election ...
23:16, 2019-05-16

Liverpool’s appetite for hard graft keeps Jürgen Klopp happy | Richard Jolly Win against Sheffield United made it 16 in a row in the league but the manager is not interested in numbersChris Wilder entered the media suite profu...
01:20, 2019-09-30

South Africa: Ramaphosa denies graft allegations linked with campaign funding South African President Cyril Ramaphosa has pledged to battle a report accusing him of misleading lawmakers on campaign funding. A state watchdog bod...
02:04, 2019-07-22

The chicken fight awaiting U.S.-U.K. trade talks The ‘infinitesimally small’ chances of a China deal by 2020 — South Korea to give up developing status at WTO...
17:12, 2019-09-06

More families needed for children awaiting adoption More than twice as many children in England are waiting to be adopted as there are families willing to adopt....
15:48, 2019-10-14

The Yankees peril awaiting Giancarlo Stanton Derek Jeter stopped hitting, so did Gary Sheffield. Tony Clark’s bat was dormant after taking over for an injured John Olerud. Mariano Rivera blew tw...
20:04, 2019-08-31

Imagine Founders, With Eye on Legacy, Embrace Streaming Era After splitting from Universal, Brian Grazer and Ron Howard, who started Imagine Entertainment in 1986, find themselves making content for a host of ...
11:12, 2019-08-01

The Female Founders Disrupting the Vagina Economy The products for vaginas often aren't made by people who have them. These CEOs want to change that—with help from the Uterati....
13:16, 2019-09-29

Homeless man awaiting arraignment in deadly Chinatown rampage The homeless man accused of fatally bludgeoning four sleeping vagrants and leaving a fifth clinging to life was hauled off to court Sunday afternoon ...
21:20, 2019-10-06

Defense: Solitary unjust for ex-CIA employee awaiting trial NEW YORK (AP) — Defense lawyers say a New York judge should order a former CIA employee removed from solitary confinement because it was imposed unju...
02:40, 2019-05-11

Awaiting RJ Barrett’s first comments amid Knicks intrigue Duke swingman RJ Barrett will stage his Pro Day at UCLA Tuesday, along with 18 other Bill Duffy clients, but he will not participate in workouts. Pre...
03:00, 2019-05-28

Giants awaiting Lorenzo Carter’s ‘big jump’ they were counting on Nearly halfway through his rookie contract, the answer is supposed to be a swift and unconditional “yes’’ when it comes to determining Lorenzo Carter...
01:28, 2019-11-20

FBI seek sex abuse suspect awaiting trial in New Mexico ALBUQUERQUE, N.M. (AP) — Federal authorities are searching for a defendant in a sexual abuse case who went missing from a halfway house in Albuquerqu...
00:36, 2019-08-13

Google Stadia Founders Edition launches in November for $130 Google announced its Stadia Pro cloud gaming service will go live in 13 countries in Europe and the U.S. in November for a monthly fee of $10 a month...
18:28, 2019-06-06

Light Phone’s founders discuss life beyond the smartphone For a seemingly tough pitch, Light has had little trouble getting noticed. The company has run two successful crowdfunding campaigns for a pair of m...
15:00, 2019-09-04

Founders of Successful Tech Companies Are Mostly Middle-Aged Some of tech’s biggest names had founders in their teens. But new research shows that for fast-growing start-ups in the U.S., the average age was 45....
12:32, 2019-08-30

Review: Founders of Gloomhaven groans beneath its own weight Enlarge Welcome to Ars Cardboard, our weekend look at tabletop games! Check out our complete board gaming coverage at cardboard.arstechnica.com. ...
12:56, 2019-05-02

Meet the founders behind the capital's first sustainable salon The capital's first sustainable salon offers luxury haircare without costing the earth. Emma McCarthy meets the founders...
14:32, 2019-06-17

Jeffrey Epstein denied bail while awaiting sex trafficking trial Federal judge rules financier is a ‘danger to others’ while awaiting trial for the alleged sexual abuse of underage girls from 2002 to 2005Jeffrey Ep...
18:08, 2019-07-18

Teen who allegedly assaulted firefighter was awaiting sentencing for burglary Where there was smoke … The teen who allegedly assaulted an off-duty firefighter last weekend was roaming the streets at the time because a jud...
01:04, 2019-05-25

Michael Conforto awaiting one final check before Mets return After going through his second full day of baseball activities without restrictions, Michael Conforto expects to return to the Mets’ lineup on Sunday...
22:36, 2019-05-25

Sterling Shepard in familiar spot awaiting return to Giants Sterling Shepard has been here before and experienced a setback. The Giants receiver is back at the point in the five-stage NFL concussion protocol w...
21:12, 2019-11-20

UWS goats too good at their job hit with layoffs Unemployment may be lower than ever — but that hasn’t stopped a round of layoffs from hitting a group of goats working on the Upper West Side....
12:20, 2019-06-04

The Chillery: meet the co-founders bringing CBD to the luxury beauty market "I've always had issues with my skin. But since I started with a CBD beuaty regime it has never looked better"...
11:52, 2019-06-04

How Chris Hughes and Facebook co-founders were cast in ‘Social Network’ Facebook co-founder Chris Hughes writes in his new op-ed for The Times that Facebook has become a “threat” to democracy. Wait, who is Chr...
18:04, 2019-05-09

Trump gets backlash after declaring November for both Native Americans, U.S. founders Trump unveiled his National American History and Founders Month proclamation to coincide with a National Native American Heritage Month declaration t...
04:28, 2019-11-06

Fusion GPS founders to release book on Trump’s ties with Russia Book includes how Steele was commissioned to write dossierRobert Reich: Trump is an international mobsterThe former journalists Glenn Simpson and Pet...
14:48, 2019-10-14

Bipartisan Senate climate caucus can't focus on carbon tax, founders say The founding members of a new bipartisan Senate climate caucus say they are aiming to avoid focusing just on a carbon price to maintain equal support...
22:52, 2019-10-23

Polish court says founders of financial scam guilty of fraud WARSAW, Poland (AP) — A Polish court says the two founders of a notorious pyramid scheme are guilty of fraud for cheating thousands of people out of ...
11:44, 2019-05-20

Jeffrey Epstein asks to be released on bail while awaiting sex trafficking trial Epstein’s lawyers argued that home confinement and electronic monitoring would be enough to ensure that he does not fleeDisgraced American financier ...
19:24, 2019-07-11

Bed Bath & Beyond trades lower on MayQ results; investors awaiting a new CEO (BBBY) Bed Bath & Beyond (BBBY) is trading a good bit lower (-7%) after reporting Q1 (May) earnings results...
19:44, 2019-07-11

Jeffrey Epstein wants to swap jail for house arrest while awaiting trial Jeffrey Epstein wants a federal judge to let him out on house arrest rather than making him sit in the notorious Manhattan federal lockup while he aw...
20:36, 2019-07-11

Man dies in jail awaiting trial for death of infant son found in freezer A Georgia man was found dead in an Alabama jail where he was serving time in connection with his 6-month-old son who was found dead in a hotel freeze...
06:36, 2019-09-02

Jeffrey Epstein due in court to request house arrest while awaiting trial Lawyers say home detention, electronic monitoring and bond on his $77m mansion will keep client from fleeing country Jeffrey Epstein, the financier j...
10:00, 2019-07-15

What Uber’s layoffs tell us about its changing vision The seemingly unstoppable beast has finally realized it can’t keep churning through the cash and will have to narrow its goals.Read More...
02:40, 2019-10-17

Founders of research firm Fusion GPS will pen book on Russia, Trump links The co-founders of a political research firm behind allegations about President Trump’s ties to Russia have a book coming out next month. Random Hous...
19:32, 2019-10-14

Meet the founders of Earios, the world's first female-led podcast network Amanda Lund, Maria Blasucci and Prianka Mattoo were tired of being told 'no' to their ideas. So they decided to change the podcast landscape......
13:24, 2019-08-12

Pulling Flavored E-Cigs Hurt Sales in a ‘Very Meaningful’ Way, Juul Founders Say Juul founders Adam Bowen and James Monsees, who were named to the 2019 TIME 100 list, called vaping’s potential for helping adult smokers ditch...
06:28, 2019-04-24

Brexit has distracted us from the climate disaster awaiting us. Britain must step up | Jake Woodier A UN climate conference bid could be a perfect catalyst for change – and unify the UK for the push for a green revolutionAlmost halfway through 2019,...
14:04, 2019-06-06

R. Kelly moved to general population while awaiting trial after ‘unconstitutional’ solitary confinement The accused pedophile has been moved to general population in his Chicago lockup at his own request, according to prosecutors....
02:48, 2019-09-04

‘I’m ashamed’: Thieves return stolen wrestling belts to boy awaiting brain surgery A pair of resentful thieves returned a boy’s WWE belt from the house they stole it from — along with an apology note — after learning tha...
22:28, 2019-06-28

'Fantastic Adventures' Mom Accused of Abusing Her 7 Adopted Kids Dies Awaiting Trial Machelle Hobson, 48, was facing 24 counts of child abuse, five counts of kidnapping, and one count of aggravated assault....
20:40, 2019-11-13

Liverpool still awaiting Sepp van den Berg clearance ahead of Sporting Lisbon clash Liverpool are still waiting to hear whether Sepp van den Berg will be available to make his debut against Sporting Lisbon....
16:04, 2019-07-23

Uber pink-slips 350 in third round of layoffs Uber on Monday reportedly began its third round of layoffs in the past few months, handing out pink slips to 350 employees. Shares of the ride-hailin...
17:00, 2019-10-15

Uber pink slips 350 in third round of layoffs Uber on Monday reportedly began its third round of layoffs in the past few months, handing out pink slips to 350 employees. Shares of the ride-hailin...
00:12, 2019-10-15

More layoffs at pivoting London edtech startup pi-top London edtech startup pi-top has gone through another round of layoffs, TechCrunch has learned. pi-top confirmed that eight jobs have been cut in the...
19:48, 2019-11-15

The Huawei fallout continues: ‘Hundreds’ of US layoffs, plus yet another OS name It doesn’t seem like things will be back to normal for Huawei anytime soon, despite President Trump last month seeming warm to a reprieve for t...
00:48, 2019-07-15

Germany: no layoffs at Volkswagen brand through 2029 BERLIN (AP) — Automaker Volkswagen is ruling out compulsory layoffs at its core brand’s German plants for the next 10 years even as it looks to...
12:12, 2019-06-05

More layoffs at pivoting London ed tech startup pi-top London ed tech startup pi-top has gone through another round of layoffs, TechCrunch has learned. Pi-top confirmed that eight jobs have been cut in th...
21:02, 2019-11-15

Black & Abroad founders encourage African Americans to visit their ancestral continent The travel and lifestyle platform’s “Go Back to Africa” campaign aims to subvert the racist phrase....
14:36, 2019-06-14

Getting down to business: Hanx founders on sexual wellness and pioneering women's pleasure Following the success of its condoms, Hanx is announcing its next product: a vegan lubricant...
12:36, 2019-10-31

Women VCs: Greater diversity among start-up funders and founders drives higher returns At Fortune's Most Powerful Women Next Gen conference, women VCs argue that those who want to see serious returns will hire and fund more women....
21:04, 2019-04-11

Unexpected Stage Company’s husband-and-wife founders can’t make their D.C. Dream Day long enough Rachel Stroud-Goodrich and Christopher Goodrich are celebrating their theater company's 10-year anniversary with a production of "The Few" in Bethesd...
17:44, 2019-07-11

6 traps startup founders fall into that hurt their ability to generate revenue fast (and what to do instead) Getty Images Joe Procopio is a multi-exit, multi-failure entrepreneur. He is currently the chief product officer at Spiffy, an on-demand vehicle care...
14:28, 2019-10-08

Jarryd Hayne to attend Christian missionary school while awaiting trial on rape charges The former rugby league star was committed to stand trial on sexual assault charges, which he deniesA New South Wales magistrate has agreed to let Ja...
08:04, 2019-07-03

Bustle Digital Group hit by fresh round of layoffs Bustle Digital Group just went through another round of layoffs that appears to have hit veterans of its books and entertainment news sections partic...
04:24, 2019-11-08

WarnerMedia ratchets up layoffs across HBO, Turner, Warner Bros. The bloodshed isn’t letting up at WarnerMedia. The entertainment colossus formerly known as Time Warner — whose name was changed after its merger wit...
01:20, 2019-10-04

Vice Media Parts With 2 Top Editors, After Layoffs and Before an Expansion Under the company’s new digital leader, Katie Drummond, Vice.com’s editor in chief and managing editor are leaving, with Erika Allen, formerly of Vic...
23:24, 2019-06-04

ESPN International hit with layoffs amid shifting resources ESPN is undergoing layoffs in its international division, sources have told The Post. The layoffs and reorganization are expected to impact more than...
21:36, 2019-08-22

Major Layoffs Are Coming At Sports Illustrated Today Dozens of staffers at Sports Illustrated are expected to be laid off as early as Thursday, according to sources and published reports, and the cuts c...
14:20, 2019-10-03

Disney announces some new layoffs to go with all those big fancy box office records It’s a damn good time to be Disney right now; the entertainment giant just bought Fox and is well on its way to absorbing Hulu, its live-action films...
04:24, 2019-05-16

MGM Resorts announces more job cuts, calls layoffs complete LAS VEGAS (AP) — Casino giant MGM Resorts International says it’s completing planned layoffs with 779 job cuts, mostly in Las Vegas. CEO Jim Mu...
20:16, 2019-05-30

Uber CEO Dara Khosrowshahi is part of a family of impressive tech leaders, founders, and CEOs — here's who they are Christophe Morin/IP3 Led by CEO Dara Khosrowshahi, Uber opened for trading as a public company on Friday at $42 a share. For Khosrowshahi, being a ...
21:52, 2019-05-11

The Women's March Enters a New Era as Co-Founders Tamika Mallory, Linda Sarsour and Bob Bland Move On The movement known as the Women’s March announced a change in leadership on Monday, as co-founders Tamika Mallory, Linda Sarsour and Bob Bland steppe...
19:24, 2019-09-17

Just Pitiful: An ‘Emotional’ R. Kelly Faces New Civil Suit as He Sits in Solitary Awaiting Trial on Fed Sex Charges Tsk tsk tsk. It’s a sorry state of affairs for R. Kelly as he awaits trial in multiple jurisdictions on state and federal charges he sexually abused ...
07:12, 2019-08-15

Lori Loughlin's family 'in chaos right now' awaiting college admissions scandal court date: source Lori Loughlin is reportedly having trouble keeping her family from devolving into “chaos” in the wake of new federal charges related to her role in t...
17:12, 2019-10-30

10 things you should do if you're worried about your future after a round of layoffs, according to career experts TOLGA AKMEN/AFP/Getty Images If you survived a layoff at your company, career experts say to be wary of signs that more trouble will hit your company...
14:56, 2019-11-14

Layoffs and Canceled Shows at WBAI-FM, a New York Radio Original The foundation that owns the station abruptly scrapped local voices on Monday while also laying off 10 of 12 employees....
07:20, 2019-10-08

Staffer: Illinois newspaper editor resigned to spare layoffs SPRINGFIELD, Ill. (AP) — A staff writer for Illinois’ capital-city newspaper says its editor has resigned to spare more layoffs. Angie Muhs (MY...
01:48, 2019-05-15

Pima County hosts job fair in wake of recent layoffs Pima County will hold a job fair next week in response to the recent layoff at three Tucson businesses. All are welcome, but the job fair is targetin...
12:28, 2019-05-02

Indonesia's planned cigarette tax hike to lead to production cut, layoffs Plans by the Indonesian government to raise tobacco excise tax and minimum cigarette prices next year will force companies to cut production and pote...
15:56, 2019-09-18

Illinois newspaper editor resigns to spare staff more layoffs SPRINGFIELD, Ill. — Illinois’ capital-city newspaper, a 188-year-old institution tied intimately to Abraham Lincoln, is without a news chief after it...
19:40, 2019-05-15

This autonomous trucking startup out of MIT wants computers to think like human drivers, and it just became the first self-driving truck investment for Founders Fund Twitter/@ScottNolan iSee, an autonomous driving startup for trucks, announced $15 million in Series A funding from Founders Fund on Monday. Unlike ot...
16:28, 2019-11-11

SUCCESS INSIDER: The first steps for launching a business, a platform for freelance creatives, and female founders to watch Courtesy We Are Rosie Greetings! Let us take a moment to appreciate the nailing of fundamentals. See the rest of the story at Business InsiderNOW WAT...
20:16, 2019-11-11

Luck vs. skill: The founders behind major businesses like Bumble, Shopify, and Away explain what their success boils down to — and they all have different takes Photo by Bennett Raglin/Getty Images for Fast Company Many entrepreneurs agree that it takes a combination of skill and luck to build a billion-dolla...
17:56, 2019-10-01

Scientist wins £2m payout over invention used by Unilever Former employee Prof Ian Shanks created system used in glucose sensorsA retired Scottish scientist who invented a system widely used in glucose senso...
21:12, 2019-10-23

After Hospitals’ Big Donation to N.Y. Democrats, a $140 Million Payout Gov. Andrew Cuomo raised payments to hospitals at a time when Medicaid spending was already drastically over budget....
10:12, 2019-10-03

Former PwC partners share £100m windfall payout About 1,100 ex-partners at accountancy firm have collected an average of £91,000 A group of former partners at PricewaterhouseCoopers , including one...
19:32, 2019-10-14

Stephen Curry has CT scan on broken left hand; Warriors awaiting word on whether star guard will need surgery There is still no timetable for Curry's recovery and potential return to the court this season...
19:52, 2019-10-31

Thomas Cook's collapse may result in thousands of layoffs. Here's what it's like to get fired in the UK and 6 other countries. REUTERS/Joshua Lott UK-based travel firm Thomas Cook announced bankruptcy Monday, leaving 600,000 passengers stranded and thousands without jobs. W...
22:36, 2019-09-25

Sports Illustrated layoffs begin with editor-in-chief Chris Stone Sports Illustrated is getting slammed with layoffs — and the 65-year-old sports bible may have a full blown editorial staff rebellion on its hands. C...
02:08, 2019-10-04

Vice’s planned takeover of Refinery29 may result in culture clash, layoffs If Vice Media succeeds in its planned takeover of Refinery29, some media watchers are predicting a major clash of cultures and a new round of layoffs...
05:24, 2019-07-31

Walgreens' earnings top expectations while store closures, layoffs weigh on profitability Walgreens' fiscal fourth-quarter profit slid 55% as the company spent more to shutter unprofitable locations and scaled back its tobacco sales....
15:56, 2019-10-28

Actually Ford Needs More Layoffs Despite Surging Truck Profits, Wall Street Analyst Says A Wall Street analyst says Ford needs more cuts despite making billions off F-Series truck sales, Daimler’s Zetsche says auf wiedersehen, and Michiga...
16:56, 2019-05-22

Illumina, maker of DNA sequencing machines, had a small round of layoffs in September In its last earnings call, Illumina noted that it was impacted by weaknesses in the direct-to-consumer market, as sales of genetic tests from compani...
02:08, 2019-09-27

Chris Stone Out As Sports Illustrated Editor-In-Chief, Layoffs Appear Imminent Sports Illustrated is currently transitioning ownership and corporate leadership, from Meredith Corp. to Authentic Brands Group, where it will be ope...
03:44, 2019-10-02

S.C. lottery's 2-2-2-2 drawing leads to record Pick 4 payout The South Carolina Education Lottery said a new record for the Pick 4 drawing was set when a popular number combination came up: 2-2-2-2....
19:56, 2019-09-30

Commuter who slipped on pigeon poo at Paddington station gets £27k payout A commuter who slipped on pigeon droppings at Paddington station won a £27,000 payout from transport chiefs, it emerged today....
13:28, 2019-08-08

After Hospitals’ Donation to New York Democrats, a $140 Million Payout Gov. Andrew Cuomo raised payments to hospitals at a time when Medicaid spending was already drastically over budget....
13:00, 2019-10-03

Jamie Oliver takes £5.2m payout despite restaurant closures Licensing deals helped celebrity chef’s food and media empire increase sales to £43.5mJamie Oliver paid himself £5.2m last year despite a dive in pro...
15:52, 2019-09-30

CBS-Viacom merger equals $70M payout to top executive Joe Ianniello The merger of Viacom and CBS is shaping up to be lucrative for its top two execs. Acting CBS Chief Executive Joe Ianniello, who will be chairman and ...
04:36, 2019-08-20

Fired McDonald’s CEO could pocket $70M payout after co-worker affair Forget the McRib… with a golden parachute like this he can afford a McSteak. Former McDonald’s CEO Steve Easterbrook stands to pocket $70...
03:40, 2019-11-06

The famous connections of Jeffrey Epstein, the elite wealth manager who died in jail while awaiting trial on sex trafficking charges Davidoff Studios/Getty Images Jeffrey Epstein was found dead in an apparent suicide in a Manhattan jail on Saturday, August 10 as he awaited trial o...
23:24, 2019-09-09

CULTIVATED: A wave of cannabis layoffs, and venture capital gets wary as headwinds mount REUTERS/Luisa Gonzalez Welcome to Cultivated, our weekly newsletter where we're bringing you an inside look at the deals, trends, and personalities d...
15:36, 2019-10-26

BuzzFeed dropping out of White House travel pool just months after massive layoffs Just months after laying off hundreds of staff, BuzzFeed has taken another cost-cutting measure....
20:16, 2019-04-25

Blackstone's credit push; the most powerful bankers at BoA; layoffs hit buzzy cannabis companies Hi, readers. I'll lay off WeWork this week, although the story has no signs of going away anytime soon. Perhaps the most eyebrow-raising nugget from ...
15:36, 2019-10-26

Publisher defends Sports Illustrated game plan after brutal round of layoffs Despite a brutal round of cutbacks that resulted in more than 50 people axed at Sports Illustrated last week, the new publisher “definitely” plans to...
05:32, 2019-10-09

Indigenous families given $2B payout for children separated from parents by government The tribunal is awarding the maximum damages it can -- $40,000 -- for each child taken away for lack of proper services or who was later returned to ...
17:36, 2019-09-06

Riverside Church pastor set to receive $500K payout after sex toy scandal Riverside Church’s outgoing female pastor is set to receive an exit package worth at least half a million dollars — after leaving her job...
01:04, 2019-07-13

Payout for yoga teacher hit by cyclist as she crossed road... on her phone A yoga teacher knocked unconscious by a cyclist when she stepped into the road while looking at her phone has won compensation, despite a judge rulin...
12:36, 2019-06-18

Teenage boy hurt at birth by hospital errors awarded £12m payout A teenager who suffered preventable brain damage at birth has been awarded a payout of almost £12 million....
12:08, 2019-10-16

Decorated Marine veteran wrongly held by ICE will get $190K payout A decorated Marine veteran and US citizen who faced possible deportation in Michigan last year when a Grand Rapids police captain reported his case t...
18:00, 2019-11-14

Geoffrey Rush wins $1.9m payout on #MeToo defamation case Oscar-winning actor Geoffrey Rush has been awarded $2.9 million Australian dollars (over $1.9 million USD) after winning his defamation case against ...
14:00, 2019-05-23

Ottolenghi florist who cut wrist carrying vase wins right to £100,000 payout A flower arranger who suffered horrific injuries in a fall while carrying a vase at celebrity chef Yotam Ottolenghi's Belgravia restaurant has been a...
13:28, 2019-09-26

Michael Barrymore drops wrongful arrest claim 'without payout' Michael Barrymore has agreed to cancel a compensation claim after he was arrested during an investigation into the death of a man at his home....
17:48, 2019-07-01

Citigroup posts strong trading results amid layoffs, beats profit estimates (C) REUTERS/Brendan McDermid Citigroup reported third-quarter earnings on Tuesday morning before the opening bell. Both revenue and earnings per share ou...
14:24, 2019-10-15

Pick 4 lottery drawing 0-0-0-0 results in record payout in North Carolina The North Carolina Education Lottery said a record $7.8 million was paid out in the Pick 4 drawing when an unusual set of numbers came up: 0-0-0-0....
19:56, 2019-06-24

Pandemic bonds face scrutiny after Ebola outbreak yet to trigger payout World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight after the latest deadly Ebola...
20:48, 2019-08-01

Talks with Purdue Pharma and Sackler family over opioid payout break down State attorneys general expect company to file for bankruptcy‘It seems there will be little money for plaintiffs,’ expert warnsState and local govern...
01:16, 2019-09-09

Matt Damon turned down 'Avatar' lead role and $250+ million payout Matt Damon is one of the most in-demand actors in Hollywood but even he as regrets over roles he missed out on....
22:44, 2019-10-01

Australian actor Geoffrey Rush wins record defamation payout Australian actor Geoffrey Rush has been awarded a A$2.8 million ($1.9 million) defamation payment against a News Corp tabloid, the largest defamation...
11:48, 2019-05-23

City trying to dodge $60M payout to burned Beacon High School student The city wants to avoid paying the almost $60 million it owes to a Beacon High School student who was badly burned in a chemistry experiment gone awr...
20:24, 2019-08-29

Reality TV star 'bullied' on 'hostile' set wins landmark compensation payout A former reality TV contestant who was portrayed in a negative light while filming Australian renovation show, House Rules, has won a landmark compen...
17:52, 2019-10-23

House Rules: 'Bullied' reality TV star wins payout in Australia Nicole Prince said she suffered abuse after being unfairly portrayed on a hit home makeover show....
04:32, 2019-10-23

Las Vegas shooting victims agree up to $800m payout with resort owner Size of settlement depends on number of plaintiffs taking partMGM Resorts International owns venue where 58 were killedAttorneys for victims of the d...
18:36, 2019-10-03

Heather Mills receives apology and payout in phone-hacking case Ex-model receives ‘substantial’ payout as she settles case against News of the WorldHeather Mills has received an apology at the high court after set...
13:56, 2019-07-08

Las Vegas shooting victims agree to up to $800m payout with resort owner Size of settlement depends on number of plaintiffs taking partMGM Resorts International owns venue where 58 were killedTwo years after a gunman raine...
01:52, 2019-10-04

Anglo American agrees to earlier community payout in Peru after protests Anglo American PLC will spend some $30 million on community projects near its Quellaveco copper project in Peru three years earlier than planned afte...
23:48, 2019-08-21

Geoffrey Rush: Actor wins biggest ever defamation payout in Australia Oscar-winner Geoffrey Rush is awarded A$2.9m over allegations printed in an Australian newspaper....
10:20, 2019-05-24

Leaked Sears document reveals how store managers broke news to workers about layoffs and closures AP Photo/David Zalubowski An internal Sears document reveals how store managers were instructed to inform employees of upcoming closures and layoffs....
19:56, 2019-11-08

Geoffrey Rush's record $2.9m defamation payout faces appeal by Daily Telegraph Rupert Murdoch-owned tabloid cites 16 grounds on which it claims the trial was miscarriedThe appeal by Sydney newspaper the Daily Telegraph against t...
21:08, 2019-11-02

Lawyer denies claims he lied about spider bite during flight for a payout to buy house A lawyer who claims he almost lost a leg because of a spider bite on a plane has denied allegations by a mystery witness that he invented the story f...
13:00, 2019-07-12

Four big drug firms agree $260m opioid payout hours before trial set to begin Companies confirm last-minute settlement but Ohio trial expected to go ahead because deal does not cover WalgreensFour major pharmaceutical companies...
15:24, 2019-10-21

Chris Gayle deserves higher defamation payout, Australian court hears Lawyer says the West Indies star, who was awarded $300,000, was hurt by the way his win was reportedThe international cricketer Chris Gayle, who was ...
12:52, 2019-06-06

Bankrupt California utility blamed for deadly wildfires agrees to $11bn payout PG&E to pay insurers of claimants from two years of blazes, including Paradise fire that left 86 dead, in tentative dealA utility company with a hist...
04:36, 2019-09-14

Alleged lap-dancing opioid maker may stiff feds on $225M payout with bankruptcy Enlarge / Insys Therapeutics founder John N. Kapoor leaves federal court in Boston on March 13, 2019. (credit: Getty | Boston Globe) Opioid manufa...
22:08, 2019-06-11

Heather Mills, Paul McCartney’s ex, receives ‘substantial’ payout in libel settlement Heather Mills said media intrusion following her separation from Paul McCartney made life "unbearable."...
21:56, 2019-07-08

Christian preacher accused of hate speech wins £2,500 payout from Met for wrongful arrest A preacher who was halted from expressing his Christian views and driven four miles away by police has been awarded a £2,500 payout for wrongful arre...
10:12, 2019-07-28

Four big drug firms agree to $260m opioid payout hours before trial set to begin Teva and three drug distributors in last-minute settlementFirms were to be accused of profiting from addiction and deathFour major pharmaceutical com...
18:12, 2019-10-21

Amazon’s delivery contractors announce upwards of 2,000 layoffs even as the mega-retailer's logistics demand balloons (AMZN) Photo by Paul Hennessy/NurPhoto via Getty Images A slew of Amazon delivery service partners (DSP) nationwide have announced layoffs this month. Busin...
21:16, 2019-10-11

Amazon’s delivery contractors announce upwards of 1,800 layoffs even as the mega-retailer's logistics demand balloons (AMZN) Photo by Paul Hennessy/NurPhoto via Getty Images A slew of Amazon delivery service partners (DSP) nationwide have announced layoffs this month. Busin...
20:40, 2019-10-11

Tottenham boss Mauricio Pochettino awaiting news on Juan Foyth injury: 'We will have to see how bad it is' Mauricio Pochettino is waiting to discover the severity of Juan Foyth's injury after the Tottenham defender required a stretcher following his substi...
01:04, 2019-08-01

‘No justice for black people’: family of man shot by police demand same payout as Justine Damond Father of Jamar Clark says Damond’s family, who received $US20m from Minneapolis, were treated differently The family of an African American man shot...
00:24, 2019-05-22

Founders Fund, Peter Thiel’s venture firm, is raising a new $3 billion fund to maintain its power in startups that stay private According to a Wall Street Journal report from Rob Copeland and Katie Roof on Monday, Peter Thiel's venture firm Founders Fund is raising nearly $3 b...
19:20, 2019-10-21

Landmark Trust founders' Sotheby's auction: Sir John Smith and his widow Christian's collection of 197 treasured pieces to be sold at auction The couple who founded the Landmark Trust filled their homes with romantic treasures, including classic paintings, ceramics and silverware....
11:52, 2019-07-04

Oklahoma judge reduces Johnson & Johnson payout in opioid case to $465 million An Oklahoma judge on Friday said Johnson & Johnson needs to pay only $465 million of the $572 million he previously concluded it owed the state for f...
22:00, 2019-11-15

Oklahoma wins opioid case against Johnson & Johnson, gets tiny payout Enlarge / IRVINE, CALIFORNIA - AUGUST 26: A sign is posted at the Johnson & Johnson campus on August 26, 2019 in Irvine, California. A judge has ord...
20:32, 2019-08-27

Boy, 7, wrongly branded 'naughty' at school wins £30m payout A boy wrongly branded as "naughty" has secured a £30 million settlement after a court accepted that he suffered brain injury during a bungled birth a...
10:32, 2019-10-30

NHS nurse wins £500,000 payout after sliding off 'defective' chair An NHS hospital nurse who was left with chronic back pain after a chair collapsed under him at work has been given £500,000 in compensation....
14:00, 2019-11-19

Oklahoma judge reduces Johnson & Johnson opioid payout to $465 million An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic through the deceptive marketing o...
22:36, 2019-11-15

Farmers slam Trump's China tariffs despite billions spent on aid packages — 'farmers do not want a payout' Reuters/Jonathan Ernst The US collected $63 billion in tariffs in the year through to June, abut half of which was from new tariffs on China. But ro...
11:20, 2019-08-08

Johnny Depp wins eight-figure payout from lawyer who 'swindled £23 million' Hollywood actor Johnny Depp has settled a long-running legal dispute with his former lawyer over claims he had been swindled out of about $30 million...
11:12, 2019-10-31

Downing Street aide sacked by Dominic Cummings 'offered £40,000 payout' A sacked Downing Street adviser has been offered a payout of around £40,000, it is claimed....
10:32, 2019-09-28

Woman abused by brother wins payout after 50 years as 'cruel' same-roof law is scrapped A woman sexually abused as a child by her half-brother has been awarded compensation almost 50 years later in a landmark legal case brought after a "...
14:24, 2019-08-07

Beautician wins right to sue barrister who 'lied over payout' A beautician can sue a disgraced ex-barrister for £200,000 over claims his new TV career has left her anxious and depressed, a judge has ruled....
13:12, 2019-10-10

Victim who was sexually abused by British Army officer tells others to 'speak out' after winning payout from MoD A man who was sexually abused by a British Army cadet officer has spoken for the first time to urge other victims to come forward, after winning a pa...
10:56, 2019-08-05

Katy Perry facing multi-million dollar payout over hit single 'copied from a Christian rap song' Pop star Katy Perry is facing a multi-million dollar payout after a jury found her 2013 hit Dark Horse had been copied from a Christian rap song....
14:00, 2019-07-30

WeWork May Lay Off Thousands The beleaguered office space company is said to be planning to cut its work force by at least a third in a bid to stabilize its business....
02:04, 2019-11-18

WeWork gives up on its disastrous 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 s...
18:24, 2019-09-30

WeWork withdraws its ill-fated IPO WeWork's parent The We Company filed to withdraw its initial public offering, a week after ousting founder Adam Neumann as its CEO.Read More...
07:32, 2019-10-01

WeWork's Wi-Fi Is Woefully Insecure The Saudi oil strike, a license plate privacy disaster, and more of the week's top security news....
15:40, 2019-09-21

WeWork IPO fail is unique The largest tenant in all of New York City — WeWork, with 5.2 million square feet of space — shelved its plans to go public on Monday, a week after d...
06:28, 2019-10-06

IBM is laying off 1,700 employees IBM confirmed Friday that it is laying off 1,700 employees. The layoffs, which affect one half of 1 percent of IBM’s 340,000 strong workforce — were ...
19:04, 2019-06-07

WeWork moves ahead with IPO despite pushback Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its larg...
22:20, 2019-09-11

WeWork pushes IPO back at least a month The owner of office sharing startup WeWork agreed late Monday to postpone its stock debut until at least October — the latest in a series of setbacks...
04:12, 2019-09-17

T-Mobile CEO Legere could be leaving for WeWork T-Mobile's rise to where it now stands as the most innovative and fastest-growing of the four major U.S. wireless carriers started when the company h...
00:28, 2019-11-12

WeWork could go public as early as September Shared office space manager WeWork is looking to go public as soon as September, earlier than previously expected, a person familiar with the matter ...
15:24, 2019-07-24

WeWork may seek IPO valuation as low as $10 billion WeWork’s parent company may seek a valuation as low as $10 billion in its looming public debut, a dramatic discount to the $47 billion valuatio...
17:52, 2019-09-13

WeWork 'accepts takeover by Softbank' The investment giant reportedly takes control of the firm, buying $1bn of shares from co-founder Adam Neumann....
17:44, 2019-10-22

Softbank is getting exactly what it deserves, and it's thanks to something way bigger than WeWork The Asahi Shimbun via Getty Images Softbank took a $6.5 billion loss on investments in Uber and WeWork this quarter, and it deserves to lose more. It...
14:36, 2019-11-10

SoftBank urges WeWork to shelve IPO WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind ...
15:44, 2019-09-10

Adam Neumann isn't the problem with WeWork WeWork, at its core, is a real estate company. Its real and most profitable innovation — taking advantage of landowners attempting to rope companies ...
21:20, 2019-09-23

WeWork is proof that the IPO market is in trouble WeWork’s parent company pulled its disastrous initial public stock offering on Monday — the latest signal that Wall Street is losing its appetite for...
00:04, 2019-10-01

WeWork C.E.O.’s Ouster Is Weighed in Bid to Salvage I.P.O. Some major money managers have reportedly said they wouldn’t invest unless an experienced operator was brought in to replace Adam Neumann....
03:16, 2019-09-23

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....
00:44, 2019-11-14

Some on WeWork’s Board Are Said to Be Discussing Replacing Its C.E.O. Some major money managers have reportedly said they wouldn’t invest unless an experienced operator was brought in to replace Adam Neumann....
19:56, 2019-09-22

WeWork slashes its valuation ahead of IPO WeWork owner The We Company is targeting an initial stock market valuation of less than half of estimates from earlier this year, according to a repo...
17:48, 2019-09-05

WeWork could lay off thousands as turmoil grows WeWork could soon lay off at least 4,000 employees as the beleaguered office giant grapples with massive financial losses, a new report said. The blo...
17:16, 2019-11-18

Forever 21 Employees, Tell Us Your Story Today, Forever 21 joins the long list of retail chains to declare bankruptcy. There is a business story about the retail apocalypse, but there is als...
15:40, 2019-09-30

Myspace Employees Used to Spy on Users Robert Mueller will testify, malware wrecks IoT, and more of the week's top security news....
15:08, 2019-06-29

Employees of Big Tech are speaking out like never before SAN FRANCISCO — When Liz O’Sullivan was hired at the New York City-based artificial intelligence company Clarifai in 2017, she felt lucky to find wor...
23:16, 2019-08-26

The 9 things you should never do in a library, according to former employees Shutterstock Insider spoke to former library employees who shared some of the worst things people do in libraries. If your phone is on vibrate, it sh...
22:24, 2019-11-08

Some TSA employees are being sent to the US-Mexico border The Trump administration is starting to send hundreds of Transportation Security Administration employees to the U.S.-Mexico border to help handle th...
02:20, 2019-05-16

Why WeWork's problems have London landlords fretting The office space firm is the capital’s largest private tenant but its very public and rapid retrenchment is making wavesAt the UK headquarters of off...
17:28, 2019-10-05

WeWork's value plummeted more than 80% to below $5 billion last quarter, SoftBank says Koki Nagahama/Getty Images SoftBank slashed its pre-bailout valuation of WeWork by 83% in three months to $4.9 billion, according to an investor pres...
11:08, 2019-11-08

The premiere of WeWork's new Season is a real doozy HBO Hello, Welcome to this week's edition of Trending, the weekly newsletter highlighting the best of BI Prime's tech coverage. I'm Alexei Oreskovic,...
13:28, 2019-10-24

WeWork Talking With John Legere of T-Mobile About C.E.O. Job The troubled office space company is said to be considering several candidates for the top job after pushing out its founder....
00:52, 2019-11-12

The WeWork fiasco of 2019, explained in 30 seconds WeWork; Jackal Pan/Getty images; Samantha Lee/Business Insider WeWork has been in turmoil since it filed its public-offering paperwork in August. In ...
17:28, 2019-10-22

WeWork to launch IPO roadshow as soon as Tuesday: source The owner of office-sharing company WeWork plans to launch a roadshow in New York for an initial public offering as soon as Tuesday, The Post has lea...
20:52, 2019-09-16

‘It’s Definitely Pretty Empty’: Why Saving WeWork Will Be Hard While expanding at a breakneck pace, the co-working company has struggled to turn a profit on millions of square feet of office space....
01:40, 2019-10-25

NYC’s market can withstand the fallout from WeWork’s failed IPO Yes, everybody’s worried about WeWork’s problems and how they might rock the commercial leasing scene. Realty Check noted back on Sept. 2 that indust...
05:08, 2019-10-01

As WeWork Slows Down, Biggest Competitor Says It’s Thriving The chief executive of International Workplace Group contends his company’s approach may not be as flashy but is more sustainable....
07:48, 2019-10-02

Neumann has escaped the WeWork debacle. But Softbank may not The tech fund is in a high-risk business and has enjoyed many successes. But its very credibility is now at stakeThe best laugh in the WeWork farce –...
15:12, 2019-10-27

WeWork Parent Considers Reducing Valuation Before I.P.O. In a sign that investors are growing wary of fast-growing, money-losing start-ups, the We Company may offer shares at a significant discount to its v...
17:40, 2019-09-05

WeWork in Talks With John Legere of T-Mobile for C.E.O. Job The troubled office space company is said to be considering several candidates for the top job after pushing out its founder....
20:36, 2019-11-11

How SoftBank made WeWork an offer it had to accept Getty NEW YORK (Reuters) - Just a few months ago, WeWork's co-founder Adam Neumann was being courted by Wall Street's top investment bankers in antic...
15:48, 2019-10-25

WeWork is on pace to run out of money by mid-2020, Bernstein says WeWork; Jackal Pan/Getty images; Samantha Lee/Business Insider WeWork could run out of money as soon as next year if it keeps burning $700 million pe...
15:32, 2019-10-02

WeWork CEO Adam Neumann steps down ahead of IPO WeWork cofounder Adam Neumann stepped down as CEO amid opposition from prominent shareholders like SoftBank Group as the company prepares for an IPO....
22:12, 2019-09-24

Investors are more skeptical than ever that WeWork will be able to pay back its debt Reuters WeWork's bonds due 2025 fell to a new low of 71 cents Monday, Bloomberg reported. The same day, WeWork Chairman Marcelo Claure said that layo...
22:52, 2019-11-18

Goldman Sachs says it lost $80M on WeWork investment Goldman Sachs said it lost $80 million on its investment in WeWork, helping fuel a 26 percent profit drop at the Wall Street giant. The collapse of W...
04:04, 2019-10-16

WeWork boss Adam Neumann steps down as CEO Adam Neumann is stepping down as chief executive of the office rental company he founded in the wake of a thwarted initial public stock offering and ...
20:20, 2019-09-24

SoftBank plans to funnel extra $1B into WeWork SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement struck before falling valuations...
16:44, 2019-09-26

WeWork accepts SoftBank’s takeover plan WeWork’s board has accepted a takeover plan proposed by Softbank Group, handing control of the office-sharing startup to the Japanese firm, according...
16:00, 2019-10-22

SoftBank Takes a Financial Hit as Its WeWork Bet Sours The Japanese company must win back the confidence of investors who once rewarded its ability to pick winning investments....
08:20, 2019-11-06

The WeWork IPO fiasco of 2019, explained in 30 seconds WeWork; Jackal Pan/Getty images; Samantha Lee/Business Insider WeWork has been in turmoil since it publicly filed its IPO paperwork in August. In o...
21:04, 2019-09-26

WeWork Accepts SoftBank Takeover Offer The deal ends weeks of turmoil at the troubled shared office company, scrapped an initial public offering and push out its chief executive last month...
15:12, 2019-10-22

After Breakneck Expansion, WeWork Stumbles as It Nears I.P.O. In a sign that investors are growing wary of fast-growing, money-losing start-ups, shares may be offered at a big discount to their January valuation...
04:12, 2019-09-06

WeWork: Softbank wants Adam Neumann replaced as CEO Japanese giant exploring ways to make big changeOffice-share start-up saw IPO postponedSoftbank, the biggest investor in WeWork, is exploring ways to...
23:00, 2019-09-22

WeWork’s bet on the old Lord & Taylor building has become an albatross As WeWork tallies up the damage from its New York shopping sprees, the splurge it made at Lord & Taylor may prove to be the most costly of all. The o...
16:48, 2019-10-07

Delta Thinks Its Employees Are Morons Delta, an airline company that absorbs over $5 billion in annual profit and has a share price that’s soared to over eight times its value since 2011,...
21:28, 2019-05-09

JLR employees could move to a four-day working week News 12 Jun, 2019 Employees at Jaguar’s Castle Bromwich plant will sign a ballot later this week, deciding if the plant will move to a ...
20:00, 2019-06-12

The 8 things you should never do in a coffee shop, according to employees Shutterstock Insider spoke to coffee-shop employees about some of the most frustrating things customers do. In any establishment, including a cafe, y...
23:16, 2019-10-17

6 types of employees that almost never get promoted — and how to avoid becoming one of them Maskot/Getty Ideally, personality wouldn't factor into how and when we're promoted — but certain personality types won't get promoted as often ...
23:16, 2019-10-17

Trader Joe's employees reveal how much they really make Cliff Grassmick/Digital First Media/Boulder Daily Camera via Getty Images Trader Joe's boasts around 488 stores across the US, according to the groc...
00:08, 2019-09-27

The 25 small US companies with the happiest employees Courtesy of Comparably Job listing site Comparably compiled a rank of the 25 small and midsize companies in the US with the happiest employees. Many ...
17:36, 2019-10-01

The 25 major US companies with the happiest employees Courtesy of Comparably Job-listing site Comparably just released its annual ranking of the 25 happiest large companies to work for. Tech giants like ...
14:40, 2019-10-01

Chandler employees to use self-driving cars CHANDLER, Ariz. (AP) – Dozens of city employees in the Phoenix suburb of Chandler will use self-driving vehicles at work in partnership with Wa...
01:32, 2019-07-08

Forget trying to motivate your employees — help them do it themselves with these 6 tricks Courtesy of Claire Lew Claire Lew is the CEO of Know Your Team, software that helps you avoid becoming a bad boss. Lew says she frequently hears from...
20:48, 2019-10-16

Google Employees Don't Want Their Company Anywhere Near Pride No corporations at Pride, just Google employees pointing out the hypocrisy of their company....
20:20, 2019-06-26

This restaurant likes to tattoo its employees More than 30 of Nova Cafe’s current and former employees got tattoo of a bacon and eggs/skull and crossbone designIt’s not required that you get a ta...
13:04, 2019-08-01

The surprising thing employees value most about a workplace Flexible hours and opportunities for growth may be valued in the job market, but as one study shows, they aren't the secret for successful workplaces...
20:56, 2019-10-04

Top US bosses earn 278 times more than their employees Chief executives earned an average of $17.2m each last year and their pay grew more than 1000 % since 1978, survey findsChief executives at the US’s ...
11:44, 2019-08-14

Porsche Calls Its Employees 'Porscheans' About a week ago, Porsche released a press release talking about all the new jobs that were being added to build the Taycan, and to make their point ...
22:24, 2019-10-07

Why some Costco employees have different colored badges Jeff Zelevansky JAZ/HB/Reuters Most Costco employee badges boast a plain white background. However, there are exceptions. Costco employees told Busin...
16:04, 2019-10-29

Huawei Says, Without Evidence, That U.S. Pressured Its Employees The Chinese technology giant said the American government had used harassment, entrapment and cyberattacks to disrupt its operations in recent months...
17:44, 2019-09-03

5 things all Wegmans employees know and most customers don't Hollis Johnson Wegmans store employees know all about the popular regional grocery chain. The company operates stores in six states and employs 48,00...
15:36, 2019-10-28

The ‘most horrifying’ gifts employees have gotten from their companies Not getting a bonus or holiday gift this year from your company? Consider yourself lucky. Here are the “most horrifying” gifts anyone ever got, accor...
03:20, 2019-10-29

SoftBank Takes a $4.6 Billion Hit From WeWork. Its C.E.O. Remains Defiant. Masayoshi Son defended the Japanese company’s investment, while admitting he misjudged the U.S. firm’s founder, Adam Neumann....
11:04, 2019-11-06

New York state attorney general investigating WeWork The New York State Attorney General (NYAG) is investigating WeWork, according to two people familiar with the matter, adding to a series of problems ...
02:52, 2019-11-19

Airbnb announces it will go public next year after WeWork delays IPO Rental service, which has about 150 million users in more than 65,000 cities, was last valued at $31bn in September 2017Airbnb, the home-sharing rent...
20:52, 2019-09-19

WeWork, the $47 billion co-working company, is gearing up for a huge IPO. Here's everything we know about what's going on. Jackal Pan/Reuters The We Company, better known as WeWork, is preparing for an initial public offering. Backed by SoftBank, the managed office compa...
23:52, 2019-08-27

WeWork's Adam Neumann quits as chief executive The boss of the trendy office rental firm says stepping aside is "in the best interests of the firm"....
21:20, 2019-09-24

Start-Ups Like WeWork and Peloton Feel a Chill on Wall St. Companies like WeWork and Uber were expected to become a new generation of corporate giants. But investors have backed away....
11:32, 2019-09-27

WeWork’s Neumann voted to oust himself as CEO after failed IPO: sources When WeWork’s directors voted on Tuesday to oust Adam Neumann as chief executive after a failed attempt to take the office-sharing startup public, Ne...
15:16, 2019-09-27

WeWork facing investigation from N.Y. attorney general: sources Among the issues the N.Y. AG is examining is whether WeWork's founder and former chief executive, Adam Neumann, indulged in self-dealing to enrich hi...
18:36, 2019-11-20

WeWork is hitting the brakes after its IPO went up in smoke — and landlords could pay the price Jackal Pan/Getty Images; Jacqueline Larma/AP Images; Samantha Lee/Business Insider WeWork is hitting the brakes on growth after its IPO went up in sm...
16:48, 2019-10-07

WeWork Japan has a new CEO just days after Adam Neumann resigned WeWork Japan has appointed a new CEO just days after WeWork boss Adam Neumann stepped down. Kazuyuki Sasaki replaces Chris Hill, who was WeWork Japan...
12:44, 2019-10-03

Adam Neumann will reportedly get $1.7 billion to leave WeWork WeWork founder Adam Neumann will get paid $1.7 billion to walk away from the office-sharing startup and give up his voting rights, according to a rep...
17:12, 2019-10-22

WeWork board is turning against CEO Adam Neumann: report The tide is turning against WeWork’s charismatic and controversial chief. A contingent of board members and big investors including SoftBank are angl...
16:28, 2019-09-23

WeWork boss Adam Neumann expected to step down as CEO Adam Neumann is expected to step down as CEO of WeWork’s parent company, We Co., in the wake of a thwarted initial public stock offering, according t...
19:28, 2019-09-24

WeWork is reportedly in talks with SoftBank about a $1 billion lifeline Getty WeWork is in talks with SoftBank about a $1 billion lifeline after shelving its IPO this month, according to the Financial Times. SoftBank, wh...
13:28, 2019-09-26

Goldman Sachs announces $80m loss on WeWork investment Loss contributes to 26% drop in profits from a year agoWeWork faces cash crunch and 2,000 workers face sackGoldman Sachs has so far lost $80m on its ...
19:48, 2019-10-15

WeWork’s financing lifeline hinges on SoftBank talks WeWork is locked in negotiations this week with its largest shareholder, Softbank Group, over a new $1 billion investment to enable the shared office...
15:36, 2019-10-08

New York State Attorney General investigating WeWork and former CEO The New York State Attorney General is investigating WeWork, adding to a mounting series of problems faced by the workspace provider.Read More...
09:44, 2019-11-19

Adam Neumann under pressure to step down as WeWork chief Board is to discuss his future after questions over behaviour and cancelled flotationThe board of WeWork was expected to meet on Monday to discuss th...
21:56, 2019-09-23

WeWork boss to walk away with $1.7bn after SoftBank rescue deal Payout comes as US office-sharing company weighs up sacking about 2,000 peopleWeWork’s co-founder Adam Neumann has reportedly signed a $1.7bn deal to...
15:36, 2019-10-22

WeWork's new CEOs want to sell off 3 of its businesses as the company looks to cut costs TIMOTHY A. CLARY/AFP/Getty Images WeWork wants to sell three of the companies it has acquired since 2017, The Information first reported on Wednesda...
00:36, 2019-09-26

Softbank clinches deal to buy WeWork that bails out founder SoftBank Group agreed to spend more than $10 billion to take over WeWork on Tuesday, doubling down on an ill-fated investment and giving a near $1.7 ...
19:08, 2019-10-23

Ex-WeWork CEO Adam Neumann rejected by multiple co-op boards Billionaire and ousted WeWork CEO Adam Neumann was searching for a trophy $50 million-plus apartment on Fifth Avenue before the company’s disastrous ...
17:32, 2019-10-04

WeWork delays $20bn IPO after struggling to interest investors Office-sharing company’s value has been slashed since January but it says flotation will still take place this year WeWork, the US office-sharing com...
09:53, 2019-09-17

WeWork is in talks with JPMorgan to head off a cash crunch WeWork is in talks with banks including JPMorgan to arrange financing that could help the office-sharing company stave off a looming cash crunch, The...
22:04, 2019-10-03

WeWork's ex-CEO accused of pregnancy discrimination by former chief of staff Lawsuit comes less than two weeks since Adam Neumann controversially left the company with a $1.7bn exit packageOffice space firm WeWork and its bele...
23:08, 2019-10-31

WeWork to reportedly go ahead with IPO despite investor's call to delay SoftBank, its largest private investor, has reportedly urged WeWork to shelve $20bn share sale amid mounting concernsWill free beer and a “we” spirit...
19:28, 2019-09-10

WeWork Planned a Residential Utopia. It Hasn’t Turned Out That Way. Adam Neumann, the company’s ousted founder, once said there would be WeLive apartments around the globe. But now, it has only two sites and is under ...
20:16, 2019-10-13

Former WeWork employee accuses co-founder of pregnancy discrimination Medina Bardhi says in a federal complaint filed Thursday that she was demoted, derided for going on leave, and ultimately fired for raising concerns....
05:52, 2019-11-01

WeWork's stomach-turning roller coaster ride Randy Risling / Getty Contributor Hello, Welcome to this week's edition of Trending, the weekly newsletter highlighting the best of BI Prime's tech c...
00:08, 2019-10-03

WeWork adds woman to its board in face of backlash WeWork owner, The We Company, said on Wednesday it will add a woman, Frances Frei, to its board of directors and unwound a $5.9 million payment to it...
16:44, 2019-09-04

Former WeWork employee accuses co-founder of pregnancy discimination Medina Bardhi says in a federal complaint filed Thursday that she was demoted, derided for going on leave, and ultimately fired for raising concerns....
01:52, 2019-11-01

WeWork is the latest sign tech IPO valuations are nonsense GUEST: With WeWork getting ready to start its pre-IPO road show, I’ve been thinking a lot about initial public offerings. The company, which pr...
19:36, 2019-09-06

WeWork in talks to hire T-Mobile’s John Legere WeWork may be looking to replace one long-haired, flamboyant boss with another. The office-sharing startup is reportedly in talks with T-Mobile chief...
19:28, 2019-11-11

WeWork Considers Rescue Plans From SoftBank and JPMorgan The purveyor of shared office space, which aborted an initial public offering last month, has lost billions of dollars and needs a big cash infusion....
23:40, 2019-10-21

SoftBank seeks control of WeWork through financing package SoftBank has prepared a financing package for WeWork that would give it control over the shared office space company, a person familiar with the matt...
16:28, 2019-10-14

Lyft, Uber, WeWork, and on: From IPO Unicorns to Downed Horses Lyft, Uber, Peloton, WeWork, Endeavor -- the list of "unicorn" startups suffering the dreaded IPO-curse continues, prompting one October 1 Yahoo Fina...
23:24, 2019-10-03

'We created a monster,' SoftBank CEO Masayoshi Son reportedly said of WeWork Masayoshi Son, CEO of Japanese mega-investor SoftBank, told colleagues that "we created a monster" in WeWork, the Financial Times reported. SoftBank ...
12:04, 2019-11-05

WeWork pins its hopes on JPMorgan to stay afloat Office sharing company WeWork’s race for emergency funding is starting to resemble a high-wire act. JPMorgan’s pitch to help WeWork score roughly $5 ...
04:40, 2019-10-15

WeWork's bonds plummet to record low after company pulls its IPO Reuters WeWork's 7.875% notes maturing in 2025 tumbled to a record low of 86.39 cents on the dollar on Monday after the company's latest S-1 filing s...
18:04, 2019-09-30

SoftBank to write down minimum $5 billion for WeWork, other losses SoftBank has ample funds to endure the pain from its massive bailout of WeWork, analysts said, even as it is reportedly set to write down at least $5...
16:04, 2019-10-25

WeWork leases space for its headquarters on Sixth Avenue WeWork has leased another space — but this time it is for its own HQ. The co-working behemoth is moving to 212,387 square feet at 630 Sixth Ave. alon...
04:20, 2019-05-29

Amazon offers employees $10G and 3 months pay to quit Amazon's shopping experience and Prime subscriptions rely heavily on the company's ability to deliver orders extremely quickly....
15:24, 2019-05-14

Amazon to employees: We’ll pay you to quit and haul packages NEW YORK (AP) — Amazon, which is racing to deliver packages faster, is turning to its employees with a proposition: Quit your job and we’ll hel...
15:08, 2019-05-13

McDonald's employees share the 4 menu items they'd never eat (MCD) Sorbis/Shutterstock The McDonald's menu has tons of options for customers. And McDonald's crew members themselves have their own frequent picks &mdas...
19:12, 2019-09-30

Even Facebook Employees Agree with AOC About Deceptive Political Ads In an open letter to Mark Zuckerberg, Facebook employees basically beg him to hold political ads to the same standard as regular ones....
23:08, 2019-10-28

Amazon employees to execs: Do more on climate change Amazon is facing pressure from thousands of employees to take a stronger stance on climate change....
21:00, 2019-04-11

Ask a 20-something: How can I get entry-level employees to do the 'hard work'? urbazon/Getty Images In this advice column, a 20-something worker advises an employer who says that their entry-level workers don't want to do the "h...
13:12, 2019-10-29

Abuse Charges Dropped Against Daycare Employees SOMERSET, Ky. (LEX 18)- Charges have been dropped against two employees at a Wayne County daycare. Diana Myers and Tasha Cox were charged with child ...
19:28, 2019-06-25

Kanye West Asked His Employees to Not Have Premarital Sex Kanye West says in a new interview that, on the making of his new album, he asked his collaborators to not engage in premarital sex....
22:56, 2019-10-24

Former Ebony Media employees sue for missing severance pay Seven laid-off workers at Ebony Media have filed a lawsuit seeking to recover back pay and unreimbursed expenses, plus missing contributions that wer...
04:28, 2019-09-27

Over half employees eat unhealthy at work, study says Employees aren't eating nutritious lunches at work, but many are looking for better options, new research shows....
17:16, 2019-06-25

Enboarder raises $8 million to onboard new employees Enboarder has raised $8 million in funding for its business of helping employers create great ways to bring aboard new employees.Read More...
11:36, 2019-06-19

MTA offers employees 4 hours of pay to not vote during work The MTA offered to pay workers four hours of extra wages to employees who voted outside of work hours. In a memo obtained by The Post, Long Island Ra...
22:36, 2019-11-04

Memorial set for 5 slain Capital Gazette employees ANNAPOLIS, Md. (AP) — Journalists will gather in a park in Annapolis, Maryland, for a memorial for the five Capital Gazette employees who were shot t...
07:40, 2019-06-28

Kroger is laying off hundreds of store employees Business Insider/Hayley Peterson Kroger is laying off hundreds of store employees, Business Insider has learned. Kroger's store operating divisions a...
22:52, 2019-10-02

AFL-CIO's Own Employees Weigh in On Brewing Leadership Conflict Last night, the personal and professional dispute that has gripped the highest ranks of the AFL-CIO’s leadership was joined by another relevant party...
16:44, 2019-05-03

Riot Games will let new employees opt for lawsuits over arbitration Under pressure from employees, Riot Games announced tonight that it will let new employees opt to sue rather than be forced into arbitration.Read Mor...
07:00, 2019-05-03

Don’t be afraid to give your employees real autonomy A control-oriented management style doesn't work well in a knowledge economy powered by code. Let your workers set their direction, speed, and destin...
20:04, 2019-08-10

Work breaks may be causing more stress for employees Workers were supposed to be taking time out, but instead ended up feeling stressed out. Researchers at the University of Sussex in England found that...
03:48, 2019-10-23

Riot Employees Prepare For Walkout Today Los Angeles-based Riot Games employees are preparing for a walkout this afternoon in protest of the company’s stance on forced arbitration in what ap...
18:08, 2019-05-06

Marciano Art Foundation Lays Off Employees Trying to Unionize The museum said it was anticipating discussions. Then it laid off visitors services associates and said it was closed to the public....
22:32, 2019-11-06

Employees would take a pay cut to work at an environmentally-friendly company If your business isn’t green, new research reveals you might be losing employees. Three in 10 Americans have left a job solely because it wasn’t ethi...
22:12, 2019-11-12

Amazon to spend $700 million to retrain a third of US employees Amazon will provide technical training to about one-third of its US workforce at a cost of more than $700 million. Amazon, which like other companies...
16:32, 2019-07-11

High-tech ways to keep employees happy Companies offer gym deals and cycle schemes - but how do they know if these are what staff want?...
01:52, 2019-09-13

WeWork could hand control to SoftBank as part of rescue package SoftBank has prepared a rescue package for WeWork that would give it control over the shared office space company, a person familiar with the matter ...
10:44, 2019-10-14

WeWork files for IPO amid investor skepticism over deep losses Office rental company filed for initial public offering, publishing statements showing loss of almost $700m in the first half of 2019WeWork, the offi...
15:44, 2019-08-14

Dock 72 set to celebrate opening despite lone tenant WeWork’s troubles Dock 72, the ship-shaped new office building that juts into the East River at the Brooklyn Navy Yard, opens Tuesday with a lavish ribbon-cutting cere...
04:40, 2019-10-15

Cancer-causing chemical found in WeWork phone booths In latest headache for cash-strapped company, WeWork says it has closed about 2,300 phone booths amid formaldehyde scareWeWork, the cash-strapped off...
01:20, 2019-10-15

Ex-WeWork CEO Adam Neumann no longer on Forbes’ billionaires list Forbes has slashed the estimated net worth of WeWork’s long-haired cofounder to $600 million from $4.1 billion, following a botched IPO attempt that ...
23:44, 2019-10-11

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 Minso...
20:44, 2019-09-30

WeWork may try to wrap its roadshow and price its IPO before the Jewish New Year on September 29 AP Photo/Mark Lennihan WeWork CEO Adam Neumann may be trying to wrap up his company's IPO "road show" and price the IPO in a matter of days. Neumann...
23:40, 2019-09-11

From a tech success story to implosion – how the WeWork bubble burst WeWork was a tech success story until its CEO has quit, the IPO was pulled and cash is running out...
12:52, 2019-10-16

WeWork planned HQ in ex-Lord & Taylor building now albatross for company WeWork’s long-term lease in the former Lord & Taylor building in which it has planned to put its headquarters is becoming an albatross for the embatt...
01:40, 2019-10-07

SoftBank is reportedly taking a $5 billion hit thanks to its bets on WeWork and Uber AP Mega-investor SoftBank is reportedly taking a $5 billion hit thanks to its troubled investments in WeWork and Uber, among other firms. According t...
14:00, 2019-10-25

WeWork is reportedly drawing scrutiny from the SEC after its failed attempt to go public Reuters The US Securities and Exchange Commission is scrutinizing whether WeWork violated any financial rules, Bloomberg first reported Friday. The S...
19:12, 2019-11-15

WeWork's IPO filing will reportedly be revealed as soon as next week, giving us our best look yet at its business Kelly Sullivan/Getty Images Coworking space startup WeWork could unveil its IPO filing as soon as next week, according to a Bloomberg report Friday....
02:16, 2019-08-10

WeWork: New York attorney general investigating founder's possible self-dealing Adam Neumann departed with giant payoff as troubled workspace provider plans to lay off thousands of employees to stem lossesThe New York State attor...
19:56, 2019-11-19

WeWork’s Multibillion-Dollar Takeover by SoftBank Could Turn Into a Money Pit The shared-office company, which scrapped an initial public offering and pushed out its chief executive last month, isn’t profitable and may not be f...
01:40, 2019-10-23

WeWork is reportedly planning to lay off at least 4,000 people as part of a major restructure WeWork is planning on laying off at least 4,000 people from its workforce, The New York Times reported on Sunday. A person with knowledge of the matt...
13:16, 2019-11-18

WeWork is outsourcing its cleaning staff to real estate giant JLL WeWork WeWork is outsourcing its facilities staff to real estate services company JLL, according to a Monday memo reviewed by Business Insider. Start...
18:32, 2019-11-11

'End of irrational exuberance': WeWork considers slashing valuation in half Company had been expected to go for IPO at $47bn Revenues quadrupled in 2018 but $2.9bn lost in three yearsWeWork, the fast-growing office rental com...
18:36, 2019-09-05

WeWork is free of Adam Neumann, but is stuck with a costly startup Adam Neumann may have departed from WeWork months ago, but the mess he left behind continues to linger. Already plagued with complaints that Neumann ...
04:20, 2019-11-21

Suit calls ex-WeWork CEO Adam Neumann sexist pothead WeWork’s ousted chief executive, Adam Neumann, has been slapped with an explosive pregnancy and gender-discrimination suit. Brought Thursday by Neuma...
03:00, 2019-11-01

WeWork can no longer afford to move in to former Lord & Taylor building WeWork paid so much for the former Lord & Taylor building off Bryant Park, it can no longer afford to move in, The Post has learned. Officials within...
04:12, 2019-10-23

WeWork's Adam Neumann is out as CEO. Here's everything we know about the drama that's been unfolding at the co-working giant. Fortune Brainstorm WeWork's CEO Adam Neumann has stepped down, blaming public scrutiny that he says was distracting him from doing his job. He's been...
23:28, 2019-10-01

T-Mobile shares slide on report that it might lose its CEO to WeWork (TMUS) Michael Loccisano/Getty Images for HBO T-Mobile CEO John Legere is in talks with WeWork about taking over as its CEO, The Wall Street Journal reporte...
21:20, 2019-11-11

WeWork founder Adam Neumann loses multibillionaire status His worth was estimated at $4bn in March, but after failed IPO is now thought to be about $600mThe WeWork co-founder Adam Neumann has been stripped o...
12:52, 2019-10-11

US firm WeWork secures 'financial inducement' of £55.7m in Brexit windfall Property company makes deal as a result of European Medicines Agency’s move to AmsterdamA US firm run by two billionaire entrepreneurs is being paid ...
20:00, 2019-07-22

WeWork files for IPO, shows $700 million loss in first half of year WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the fir...
16:48, 2019-08-14

SoftBank boss takes blame for £5bn loss after WeWork investment Masayoshi Son ‘reflecting deeply’ after Japanese tech investor’s first quarterly loss in 14 yearsThe billionaire boss of SoftBank Group has admitted ...
19:08, 2019-11-06

WeWork files for IPO, shows $900 million loss in first half of year WeWork joined the ranks of Uber and other money-losing startups Wednesday when it revealed it’s bleeding cash ahead of an IPO. The parent company of ...
04:28, 2019-08-15

WeWork can no longer afford to move into former Lord & Taylor building WeWork paid so much for the former Lord & Taylor building off Bryant Park, it can no longer afford to move in, The Post has learned. Officials within...
17:01, 2019-10-23

What's next at WeWork, a secret superpower in the cloud wars, and inside Refinery29 Theo Wargo/Getty Images for iHeartMedia; Samantha Lee/Business Insider Hello! We're still picking through the wreckage left behind from WeWork's IPO ...
15:44, 2019-10-06

WeWork's Adam Neumann voted to oust himself as CEO after failed IPO, sources say Jackal Pan / Getty When WeWork's directors voted to oust Adam Neumann as CEO after a failed attempt to take the office-sharing startup public, Neum...
05:04, 2019-09-27

WeWork is reportedly halting all new lease agreements with property owners Reuters WeWork is halting all new lease agreements with property owners as the US office-sharing startup looks to curtail costs, the Financial Times...
04:16, 2019-09-27

Ex-WeWork CEO Adam Neumann eyes $45M penthouse on Park Avenue After reported rejections by Fifth Avenue co-ops, Neumann and his wife Rebekah have turned their attention to a lavish condo at 1010 Park Ave. -- no ...
02:32, 2019-11-14

SoftBank's shares slump to a 10-month low after $9.5 billion WeWork bailout Alessandro Di Ciommo/Getty Images, Michael Kovac/Getty Images, Business Insider SoftBank's share price has been falling since WeWork filed for its IP...
12:40, 2019-10-24

Photos from WeWork's famed extravagant annual Halloween parties Vimeo WeWork was characterized as a "nonstop party" under ousted-CEO Adam Neumann, a company complete with raucous summer retreats and alcohol-fueled...
21:20, 2019-10-28

Fate of WeWork CEO Adam Neumann could lie in hands of just one board member A decision by WeWork’s seven-member board on whether to keep Adam Neumann as CEO could boil down to a tie-breaker — with a Chinese investor who’s lit...
05:12, 2019-09-24

Former WeWork CEO Adam Neumann inspired some of the best Halloween costumes this year Getty Ex-WeWork CEO Adam Neumann inspired Halloween costumes this year. WeWork has been in the news for its failed IPO attempt and ousting founder Ad...
15:36, 2019-10-28

Flameout of WeWork’s Adam Neumann put spotlight on Jamie Dimon The dramatic downfall of WeWork Chief Executive Adam Neumann is casting a harsh spotlight on JPMorgan CEO Jamie Dimon. Critics now claim Dimon’s bank...
04:44, 2019-09-26

WeWork founder Adam Neumann to step down as chief executive Executive to step down at troubled office rental company after plans for an initial public offering were scrapped last monthWeWork founder Adam Neuma...
20:28, 2019-09-24

SoftBank boss takes blame for £5bn loss after WeWork punt Masayoshi Son ‘reflecting deeply’ after tech investor’s first quarterly loss in 14 yearsThe billionaire boss of SoftBank Group has admitted to poor j...
22:16, 2019-11-06

'I shut my eyes,' SoftBank CEO Masayoshi Son says after losing more than $4.7 billion on WeWork Kim Kyung-Hoon/Reuters SoftBank lost at least $4.7 billion by investing in WeWork after the shared-workspace group's IPO collapsed and its valuation ...
14:04, 2019-11-06

Jefferies slashed the value of its stake in WeWork by $146 million more than two weeks before its failed IPO Getty Jefferies slashed the estimated value of its investment in WeWork by $146 million on August 31, more than two weeks before the shared-workspac...
15:52, 2019-09-27

WeWork went from a $47 billion valuation to a tanking IPO. Here's how the company makes money. WeWork CEO Adam Neumann is stepping down and will be replaced by two current execs, Sebastian Gunningham and Artie Minson, as permanent co-CEOs. The ...
21:20, 2019-09-24

WeWork's IPO delay a blow to Japanese investment giant Softbank Failure of WeWork comes soon after Uber, another loss-making SoftBank investment, went publicWeWork’s decision to delay its public share offering aft...
00:52, 2019-09-18

3 lessons about tech startup unit economics from WeWork’s IPO fallout As a tech startup, it’s not enough just to have a great growth rate. You can't be buying customers with VC dollars and losing money when you sell pro...
20:16, 2019-10-27

WeWork, Rejected by Wall Street, Accepts Lifeline From SoftBank The troubled shared office company scrapped an initial public offering and push out its chief executive last month....
16:48, 2019-10-22

JPMorgan CEO Jamie Dimon says WeWork's IPO debacle taught him a few key lessons Getty/Win McNamee Jamie Dimon, the CEO of JPMorgan, said he learned a few key lessons from WeWork's failed initial public offering. The banking titan...
20:44, 2019-11-05

WeWork's value plunged more than 80% to below $5 billion last quarter, SoftBank says. Here's why that's a staggering drop Jackal Pan / Getty Images SoftBank slashed its pre-bailout valuation of WeWork by more than 80% to below $5 billion last quarter. The humbling price ...
16:52, 2019-11-08

WeWork Accepts Lifeline From SoftBank Ending Weeks of Uncertainty The troubled shared office company scrapped an initial public offering and push out its chief executive last month....
16:00, 2019-10-22

The WeWork debacle should be an indictment of modern finance | Nesrine Malik The workspace company’s troubles are a sign that the ‘unicorn’ economic model cannot be sustainedIt happens every few years – not quite with the regu...
08:12, 2019-10-28

A Manhattan real estate tycoon predicted WeWork would run into problems Getty The boss of a billion-dollar real estate group predicted WeWork would run into problems. "We studied WeWork and we're not comfortable with thei...
12:36, 2019-11-08

Google employees will sit in to protest alleged retaliation for walkout Google employees will hold a sit-in Wednesday to send a message about alleged retaliation employees have faced from their managers....
11:52, 2019-05-02

Barstool Sports Employees Organize To Smooch Their Boss's Ass Prompted by The Ringer’s unionization, Barstool Sports founder Dave Portnoy, whose site uses the tagline “By the common man, for the common man,” has...
00:40, 2019-08-14

Google has more temp, contract workers than actual employees Welcome to 2019, the era of the “shadow workforce.” A wide array of temps, contractors and contingent workers are playing an increasingly large role ...
22:00, 2019-05-30

CEO Ian Sohn posts memo to employees: Never ‘apologize for having lives’ Ian Sohn, president of creative tech agency Wunderman Chicago, has a few choice words for employees who eschew work for other responsibilities. In an...
23:32, 2019-05-24

Workplace sugary-drink ban helps employees cut back (Reuters Health) - Banning sales of sweetened beverages in the workplace may be one way to help employees consume fewer sugary drinks and slim down, ...
21:28, 2019-10-30

Epstein victim accuses his employees of facilitating rape The Queens woman who claims she was raped by Jeffrey Epstein as a teen is now suing three of his female employees for allegedly conspiring in the sic...
15:08, 2019-10-09

All but 1 of the Virginia Beach shooting victims were city employees Associated Press In a press conference Saturday morning, police said that 12 people were killed and an additional four were injured when a gunman op...
21:40, 2019-06-01

Bratz maker trying to lure Mattel employees to his company The battle between Barbie and Bratz dolls is getting personal. Isaac Larian, the colorful head of MGA Entertainment, the company behind Bratz dolls, ...
15:36, 2019-08-07

Google Employees Say They Faced Retaliation After Organizing Walkout Two Google workers who called for an employee protest over the company’s treatment of sexual harassment said they were demoted or told their role wou...
21:56, 2019-04-22

Huawei employees reportedly helped African governments spy Well, the US now has yet another reported case of espionage-related misdeeds it can point to as additional proof of why the Huawei ban should remain ...
20:56, 2019-08-15

Congress joins debate over sending TSA employees to border WASHINGTON (AP) — Lawmakers are clashing over the Trump administration’s move to send hundreds of Transportation Security Administration employ...
21:12, 2019-05-21

4 school employees suspended after test scores invalidated PRESTONSBURG, Ky. (AP) — A Kentucky superintendent says he has suspended four employees at an eastern Kentucky elementary school following an investi...
15:24, 2019-05-29

Home Depot employees build 2-year-old boy a walker CEDARTOWN, Ga. (CNN) – Employees at a Georgia Home Depot are being praised for helping out a 2-year-old boy who has trouble getting around. 2-y...
06:36, 2019-05-28

Victoria’s Secret, Under Siege, Lays Off Employees at Headquarters The cuts involved about 50 people as the lingerie chain struggles to reshape its image and finds itself connected to the Jeffrey Epstein case....
21:16, 2019-10-10

NBC says it won’t prevent former employees from speaking publicly about sexual harassment NBC has insisted the agreements were not meant to prevent women from discussing harassment. Journalist Ronan Farrow has reported they were understood...
23:32, 2019-10-26

Louvre employees mull closing museum again over overcrowding PARIS (AP) — Employees at the Louvre in Paris are mulling whether to close the museum for a second day this week over tourist overcrowding. The world...
16:48, 2019-05-28

Beleaguered Victoria’s Secret Lays Off Employees at Its Headquarters The cuts involved about 50 people and came as the lingerie chain struggles to reshape its image and finds itself connected to the Jeffrey Epstein cas...
20:56, 2019-10-10

A Brief History of NRA Employees Editing Wikipedia for Fun and Possibly Profit The grammar on Wikipedia’s Holocaust Denial page didn’t fix itself. Someone, perhaps finished with their paperwork for the day but still chained to a...
19:48, 2019-10-08

Google wants its employees to stop discussing politics at work Google CEO Sundar Pichai explained the tech giant's new guidelines, which now discourage workers from discussing politics on internal communication f...
20:00, 2019-08-27

Wilhelmina modeling agency sues five employees who quit The Wilhelmina modeling agency has filed a $5 million lawsuit against the five workers who abruptly walked out a week ago, according to new Manhattan...
21:16, 2019-05-28

Even Facebook employees think Mark Zuckerberg's political ad policies are very, very bad Last week, Facebook mastermind Mark Zuckerberg answered questions on Capitol Hill about Project Libra, which is apparently his social media kingdom’s...
19:20, 2019-10-29

Google wants employees to stop talking politics at work Google CEO Sundar Pichai explained the tech giant's new guidelines, which now discourage workers from discussing politics on internal communication f...
00:08, 2019-08-28

Road to Mt. Lemmon closed, open only for residents, employees Road to Mt. Lemmon is closed. TUCSON – Catalina Highway at the base is closed, according to the Pima County Department of Transportation. The road re...
15:44, 2019-11-21

How good CEOs make personal connections with employees When Anna Sharts began her first day of employment at Northwell Health in March, like all new hires she attended an orientation in New Hyde Park, NY....
14:20, 2019-05-19

New report claims some Snapchat employees spied on users A new report from Motherboard reveals that Snap employees in the past have abused internal tools in order to glean information about user emails, use...
01:04, 2019-05-24

Amazon to pay employees to start their own package delivery businesses Amazon has announced plans to help existing employees start their own package delivery companies and cover some of their costs.Read More...
14:56, 2019-05-13