December 10, 2019

Tag Archives: WeWork

A Week in HR Tech – TecHR Round-up for 9th December 2019

Monster Launched Mobile Video App Using Brightcove’s Video Platform Monster.com, a global leader connecting people and jobs, selected Brightvcove as its partner of choice for its new Monster Studios mobile video app. The said video app enables recruiters to seamlessly record, edit, and publish video job descriptions from their smartphones. The integration of video into […]

WeWork Opens Monthly Record Number of New Buildings

December Openings Continue Momentum, with More on Track to Open Before End of Year  WeWork, the world’s leading co-working and space-as-a-service platform, reported that it has already opened a record 52 new buildings in cities across the world in December, with plans to open more by year-end. This monthly record number of new building openings […]

WeWork Chairman Shares Instagram Photos and Video from Michelin-Starred Restaurant Just ONE DAY After Company Laid off 2,400 Employees

Wework Chairman Marcelo Claure Shared Pictures on His Instagram Account of His Expensive Pasta Meal One Day After Laying off 2,000 Employees He Was Eating at Michelin-Starred New York City Restaurant, Babbo, Who List the Pasta Tasting Menu as $110 per Person WeWork Chairman Marcelo Claure shared videos of him enjoying a $100 pasta tasting […]

WeWork Layoffs: Co-working Space Provider Set to Oust Over A Third of its Workforce Following Management Changes

A pioneer in the field of co-working spaces and shared offices not so long ago, WeWork has been on a bumpy ride the past few months. The latest development has come in the form of a mass layoff spree affecting 30-50% of the entire workforce. WeWork’s Executive Chairman, Marcelo Claure, said in an email to employees […]

39% of Coworking Employees Work at WeWork, but Local Spaces May Grow as WeWork Drama Continue

The Most Common Coworking Space Is Wework, but in Light of the Coworking Company’s Recent Controversy, Local Coworking Spaces Have Growth Potential. WeWork is the most popular coworking space, but smaller, local coworking spaces are catching up, according to a new survey from Clutch, the leading B2B ratings and reviews platform. News broke in September that WeWork, […]

Top 10 HR Tech News For The Week – 8 November 2019

DailyPay acquisition of Kronos Workforce, Zoho WorkDrive upgraded, Alight Solutions Acquired NGA Human Resources, top 10 news for the week of 9 November 2019 DailyPay Joined Kronos Workforce Dimensions Technology Partner Network One of the major providers of the daily pay benefit, DailyPay, recently announced that it had joined the Kronos Workforce Dimensions Technology Partner […]

WeWork Receives $1.5 Billion Funding from Softbank, Executes Several Governance Changes

The Financing Package Also Comprises $5 Billion in New Debt Financing WeWork, the provider of co-working and shared office space solutions for entrepreneurs, freelancers, startups, and businesses, received $1.5 billion in funding from SoftBank Group. In addition to the company receiving funding, numerous governance changes come into effect too, including the reconstitution of the Board of Directors […]

WeWork May Fall from $47 Billion Private Valuation to Under $15 Billion in IPO

With WeWork IPO around the Corner, Drop in Valuation a Major Setback  In response to weak demand among investors, WeWork, a provider of shared office spaces, is seeing a drastic drop in its valuations just before IPO listing. The company that was valued at $47 billion in January 2019 may see its IPO valuation slashing […]

WeWork Going Public As Early As September 2019

Valued at $47 Billion, the We Company May Finally Get Listed on NYSE This September. The We Company, the owner of WeWork, a provider of shared office spaces, has filed for an initial public offering (IPO) with U.S. regulators recently. The company joins the club of US start-ups planning a stock market debut this year. […]