WeWork Fires 13 Employees for Violating Corporate Policies

The Spectacular Rise and Fall of WeWork
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WeWork said it fired 13 employees accused of violating company policies, the first major action since SoftBank Group Corp. took a majority stake in the troubled co-working business.

The dismissals affected workers in business regions encompassing Canada, Israel, Latin America and the U.S., according to an email to staff from Marcelo Claure, the WeWork chairman and a SoftBank executive, sent late Thursday and reviewed by Bloomberg. He said the violations related to “vendor selection and management processes.”