www.ft.com/content/ffa49378-f5b4-11e9-a79c-bc9acae3b654
Represents about 30% of the current workforce.
Mr Claure added: “But I will promise you that those that leave us will be treated with respect,
dignity and fairness. And for those that stay, we will ensure everyone is aligned and shares in
future value creation.” WeWork declined to comment.
One former employee told the FT that there was “a lot of anger” inside the company, with staff
venting their frustrations about the sums Mr Neumann stood to collect under the SoftBank deal, including a $185m “consulting fee”.Many disgruntled WeWork employees hold shares in the company that were issued to them at a
value above the $19.19 a share at which SoftBank is offering to buy them in a $3bn tender. The
SoftBank offer values WeWork at about $8bn, far below its recent funding rounds including a
SoftBank-led round that valued the company at $47bn this year.One person who joined WeWork more than three years ago said he received a grant of stock at the
time that was priced at $20 a share, while the thousands of people who joined in more recent years
received stock at higher valuations.
- IT’S HAPPENING! MULTIPLE COVID19 LAWSUITS AND WINS.
- The Zelensky you don’t know
- Horrific news from Sodom Island
- The Dead Internet theory just got even creepier….
- China’s Warning ENTIRE Economy Will Collapse In 34 Days
- This is the future they have planned for us…
- A “Housing Recession” Is Here, And It Isn’t Going To Be Fun…
- We have a liquidity issue. Banks will soon lose trust in one another, and shit will freeze up. Remember what happened in 2008? JPMorgan CEO: “US is heading into something is worse than recession”
- Are They Essentially Erasing Most Of The Internet?
- CLASSIC! When James Comey Investigated Hillary Clinton…” But Her Emails!” [Meme]
Views: 0