WeWork Plans to Cut 2,000 Employees Amid Anger Towards Financial Situation

WeWork has gone on quite a financial journey this year. After confidentially filing an IPO back in April, the co-working space's valuation dropped $37 billion USD due to lack of investor interest. As a result, the company put its IPO on hold, and its CEO at the time Adam Neumann ended up stepping down under pressure. Now, anonymous sources within the company revealed to The Guardian that WeWork plans to cut at least 2,000 jobs as early as this week, totaling around 13 percent of the company's wo...