Page 3 - Wework

As work from home takes precedence, shared workspaces get in battle mode

What do you do when your business model is based on professionals sharing workspaces at a time when coronavirus crisis is snowballing?

Co-working companies lag in attracting multinationals, says Anarock

Companies refute claim, say they have a sizeable number of clients

Oyo to cut about 5,000 jobs in broad overhaul, highest reductions in China

The restructuring in China is in line with the global restructuring exercise announced in January 2020, said sources.

SoftBank's Masayoshi Son to pitch US investors under cloud of WeWork

In private meetings with SoftBank, Elliott raised issues over the clarity of SoftBank's strategy, people familiar with the talks said

In first appointment under new CEO, WeWork names Shyam Gidumal its COO

(Reuters) - Office-sharing startup WeWork on Thursday named Shyam Gidumal, a former Ernst & Young executive, as its new chief operating officer in the first major executive appointment under new head Sandeep Mathrani.

Masayoshi Son's other big real estate bet has some real problems

SoftBank declined to comment on Oyo's internal issues and practices beyond Son's comments, but said it believes the company can have a sustainable expansion in Japan with good corporate governance.

Real estate veteran Sandeep Mathrani to lead WeWork turnaround as CEO

Mathrani will replace WeWork co-CEOs Artie Minson and Sebastian Gunningham and report directly to Chairman Marcelo Claure

Indian-American steps in to help WeWork sustain itself

Sandeep Mathrani replaces Artie Minson and Sebastian Gunningham, the co-chief executives

WeWork appoints US real estate industry veteran Sandeep Mathrani as CEO

WeWork needed a new leader following the departure of controversial co-founder Adam Neumann.

Analyst who called WeWork debacle highlights risks in direct listings

That's the warning from Triton Research Inc. CEO Rett Wallace, who specializes in research on newly minted stocks and was an early voice of caution on The We Co. IPO

Building trust is a process...

...and to be able to do that you need transparency and public scrutiny. A tough call but valuable nonetheless

WeWork enters Hyderabad co-working space with 7,000 desk capacity

Company makes aggressive foray into city in contrast with gradual capacity build-up elsewhere, is sure of faster occupancy here as city posted highest office-space absorption in one quarter

After WeWork, SoftBank Group's start-up Bookkeeping draws scrutiny

Son's bookkeeping has allowed him to claim his average internal rate of return far outpaces those of other investors

Debates about entrepreneurship & growth

This is a crucial issue at a time when global business leaders are committing themselves to stakeholder interests rather than only shareholder interest

WeWork names new executives, outlines path to profitability by 2023: Report

WeWork plans to focus on its top 12 markets, including New York and London, and in the next 16 largest markets it will explore revenue-sharing agreements with landlords

WeWork lays off 2,400 employees globally to cut cost, stabilise business

The laid off employees will receive severance, continued benefits, and other forms of assistance to aid in their career transition.

WeWork to begin US job cuts 'in earnest' this week to stabilise business

WeWork employees are accustomed to routine firings, unlike at the typical startup in growth mode.

SoftBank's second Vision Fund is starting life a lot smaller than the first

SoftBank said in July that its second Vision Fund would be even larger than the first, which broke records in 2017 by raising almost $100 billion

After Neumann's exit, WeWork in talks to hire T-Mobile's John Legere as CEO

SoftBank Chief Operating Officer Marcelo Claure became the executive chairman of WeWork parent The We Company, following its bailout by the Japanese firm.

As WeWork tries to repair its business, there's a lot of space to fill

Firm to sell assets, including event-organising app Meetup and investment in the Wing