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The Job Cuts Keep Coming at WeWork

Another wave of dismissals hit Thursday, and more are on the way.

Inside A WeWork Space Ahead Of Planned IPO
Photographer: David 'Dee' Delgado/Bloomberg

The embattled co-working company WeWork eliminated more jobs on Thursday as part of an ongoing series of cuts since the company’s failed attempt at an initial public offering last fall, according to people familiar with the matter.

Sandeep Mathrani, the WeWork chief executive officer, warned staff two weeks ago that more jobs would be lost on top of the 2,400 eliminated last year and 250 more in March. “I want to do it once and know we have a company we can all move forward with,” he said at the time.