Major WeWork layoffs to begin today

More than a third of WeWork’s 12,000 employees will likely receive notice this week that they no longer have a job. The layoffs are part of an effort by the struggling office-space company to cut costs, close ancillary businesses and narrow its offering to subletting office space. In a company email sent by chairman Marcelo Claure, employees were told that layoffs will begin this week in the U.S., and that a planned all-hands meeting will

source https://therealdeal.com/2019/11/18/thousands-of-wework-employees-to-be-laid-off-this-week/