WeWork Bosses Tell Employees Job Cuts Are Coming This Month
- Executives stressed focus on core business during meeting
- WeWork is also cancelling its planned Global Summit for staff
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WeWork’s leaders told staff that job cuts are coming as soon as this month.
In a meeting with employees Thursday, new co-chief executive officers Artie Minson and Sebastian Gunningham and co-founder Miguel McKelvey said that cost-cutting efforts would include layoffs, according to attendees. The cuts will be handled as “humanely” as possible, one executive said, according to the people, who asked not to be identified because the forum wasn’t public.