WeWork laid off 250 more people on Thursday, but the decision was not made because of the coronavirus. The beleaguered co-working giant cut the jobs in its development department, according to Bloomberg. WeWork was trying to reduce its expenses dramatically last fall after its botched IPO attempt and stopped leasing as many locations, which reduced the need for remodeling and construction. The employees will receive four months of salary and benefits or six months if
source https://therealdeal.com/2020/03/30/wework-lays-off-250-more-employees-but-covid-19-isnt-reason/
No comments:
Post a Comment