WeWork Cut Forecasts as CEO Asked Employees to Change ‘Spending Culture’By
Sales, profit forecasts revised lower in April review document
CEO says WeWork needs to do better ‘managing the nickel’
WeWork Cos., one of the most valuable venture-backed private companies, cut forecasts earlier this year and told employees it has to change its “spending culture” to continue to thrive, according to a company document and video recordings obtained by Bloomberg.
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