WeWork says it is laying off about 2,400 employees globally as part of a broader effort to cut costs and find a viable path forward after a disastrous IPO attempt
WeWork said Thursday it is laying off about 2,400 employees globally as part of a broader effort to cut costs and find a viable path forward after a disastrous IPO attempt.
"As part of our renewed focus on the core WeWork business, and as we have previously shared with employees, the company is making necessary layoffs to create a more efficient organization," a WeWork spokesperson in a statement provided to CNN Business."The process began weeks ago in regions around the world and continued this week in the U.S.
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