Thread regarding WeWork layoffs

WeWork Research Triangle Park Layoffs Coming?

Here is the coverage, I'd proablly say this is fairly certain to happen in RTP (layoffs)...

https://www.wraltechwire.com/2019/09/27/report-wework-which-has-big-presence-in-rtp-considers-layoffs-asset-sales/

WRAL is covering, via Bloomberg:

RESEARCH TRIANGLE PARK – WeWork, whose CEO and founder Adam Neumann stepped down on Tuesday, is now considering layoffs and selling assets – including a $60 million jet the company had purchased for Neumann’s travels.
So reports Bloomberg news service. The Wall Street Journal also reported changes are underway at the company that only recently seemed destined to execute a multi-billion-dollar stock offering.
WeWork has a growing presence in the Triangle and Charlotte, offering coworking space and related services.
Named co-CEOs, Chief Financial Officer Artie Minson and Vice Chair Sebastian Gunningham told employees via email that they planned to “strengthen our core business,” Bllomberg reported.
WeWork declined comment. Bloomberg did not name its sourcing.
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“WeWork may also turn to job cuts, which one person familiar with the matter said could number in the thousands for a staff of more than 12,000.”
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