WeWork

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How COVID-19 is transforming the world of work as we know it

Changes to the physical office space are likely to be only temporary and largely superficial.

20/05/2020

WeWork names real estate industry veteran Sandeep Mathrani as CEO

The news about Mathrani was reported earlier on Saturday by The Wall Street Journal.

By REUTERS
02/02/2020

Embracing Judaism helped WeWork founder Adam Neumann cope, his mother says

Leaving WeWork “is a happy end, because Adam is happy with his wife and five children."

WeWork Israeli founder Adam Neumann to receive $1.7 billion payoff to relinquish control

SoftBank Group agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment.

By REUTERS
23/10/2019
WeWork

WeWork owner creates committee to decide on financing lifeline

A WeWork spokeswoman declined to comment. We Company directors did not immediately respond to requests for comment.

By REUTERS
17/10/2019

Troubled WeWork founder used Kabbalah Centre contacts to fund business

“I noticed that in the Kabbalah community, people were really helping each other,” Neumann said. “I wanted to translate that into business.”

By JTA
17/10/2019

Fitch downgrades WeWork's credit rating after aborted IPO

WeWork, whose parent We Company lost $1.9 billion in 2018, had hoped to raise at least $3 billion in the abandoned IPO and borrow a further $6 billion in a loan from banks.

By REUTERS
02/10/2019

WeWork CEO Adam Neumann steps down amid company’s major drop in value

The company was valued at the beginning of the year at $47 billion, but that figure has fallen to about $15 billion.

By MARCY OSTER/JTA
25/09/2019
Office

WeWork CEO Adam Neumann wants to be Israel’s prime minister

“He told at least one person directly that his ambitions included becoming Israel’s prime minister,” Eliot Brown wrote.

By GABE FRIEDMAN/JTA
20/09/2019
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