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A WeWork exec who was Rebecca Neumann"s cousin regularly ran up huge expense reports before other execs ganged up and forced him out

Wynn Resorts In the summer of 2018, a woman who worked on WeWork's real estate team sent the company a document filled with allegations involving the partying lifestyle of multiple members of the team. The d.....»»

Category: topSource: businessinsiderFeb 23rd, 2020

Here"s everything we know about WeWork exec exits, huge layoffs, and more as the co-working giant looks to right itself after a failed IPO

Fortune Brainstorm WeWork's CEO Adam Neumann is out, blaming public scrutiny that he says was distracting him from doing his job. He.....»»

Category: topSource: businessinsiderOct 5th, 2019

WeWork"s Neumann nears settlement deal with SoftBank, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 23rd, 2021

Ousted WeWork CEO Adam Neumann is suing SoftBank — Here"s why

Founder and former CEO of WeWork Adam Neumann is suing SoftBank, the company's biggest investor. CNBC's Deidre Bosa reports......»»

Category: realestateSource: cnbcMay 5th, 2020

WeWork co-founder sues SoftBank over failed deal

WeWork co-founder Adam Neumann has accused one-time ally Softbank of abuse of power, filing a lawsuit against the company on Monday for pulling a deal to buy $3 billion of WeWork's shares from investors. Gloria Tso reports......»»

Category: videoSource: reutersMay 5th, 2020

The actor who plays Cousin Greg on HBO"s "Succession" will star as WeWork founder Adam Neumann in an upcoming TV adaptation

HBO Succession's Nicholas Braun will star as Adam Neumann in an upcoming series about the WeWork implosion, a new report.....»»

Category: topSource: businessinsiderDec 11th, 2019

Sprint, T-Mobile Shares Slump On Reports CEO Legere In Talks To Run WeWork

Sprint, T-Mobile Shares Slump On Reports CEO Legere In Talks To Run WeWork After pushing out co-founder and (now former) CEO Adam Neumann, it looks like SoftBank is ge.....»»

Category: blogSource: zerohedgeNov 11th, 2019

A former WeWork employee is suing over Adam Neumann"s $1.7 billion golden parachute

WeWork A former employee is taking WeWork to court over cofounder Adam Neumann's reported $1.7 billion golden parachute. Natalie Sojka's lawsuit accuses Neumann and other WeWork directors of benefiting themselves at the expense of minority sh.....»»

Category: topSource: businessinsiderNov 9th, 2019

New WeWork exec defends Adam Neumann"s $1.7B payout amid layoffs

'There’s a level of gratefulness that we’re going to have for Adam because he’s the one who built this business,' new chief says......»»

Category: topSource: foxnewsOct 24th, 2019

WeWork "moving past" Neumann"s leadership, Claure says, BI reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 24th, 2019

WeWork picks SoftBank"s offer, Neumann to step down from board, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 22nd, 2019

WeWork"s Neumann invested in startup, loaned money to CEO, BI reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 9th, 2019

NeedWork: WeWork Expands Executive Purge Of Neumann Allies

NeedWork: WeWork Expands Executive Purge Of Neumann Allies The management purge that began with the firing of former We Company CEO Adam Neumann has gone international, Bloomberg reports. WeWork has nam.....»»

Category: blogSource: zerohedgeOct 2nd, 2019

How WeWork could impact the real estate market

CNBC's Robert Frank reports from one building that is co-owned by former WeWork CEO Adam Neumann. The building is up for sale and could give a good idea of the risk it could pose to the real estate market......»»

Category: realestateSource: cnbcOct 1st, 2019

WeWork cuts staff close to co-founder Adam Neumann, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 26th, 2019

WeWork went from a $47 billion valuation to a tanking IPO. Here"s how the company makes money.

WeWork CEO Adam Neumann is stepping down and will be replaced by two current execs, Sebastian Gunningham and Artie Minson, as permane.....»»

Category: topSource: businessinsiderSep 24th, 2019

WeWork co-founder Adam Neumann to resign as CEO amid pressure from board, investors

WeWork co-founder Adam Neumann is stepping down as CEO of the New York-based office-sharing startup, according to reports. Neumann had been under pressure to leave from board members and investors in recent days. The decision was made during a board.....»»

Category: topSource: bizjournalsSep 24th, 2019

WeWork co-founder Adam Neumann to resign as CEO amid pressure from board, investors

WeWork co-founder Adam Neumann is stepping down as CEO of the New York-based office-sharing startup, according to reports. Neumann had been under pressure to leave from board members and investors in recent days. The decision was made during a board.....»»

Category: topSource: bizjournalsSep 24th, 2019

Neumann To Step Down As WeWork CEO Considers Mass Layoffs

Neumann To Step Down As WeWork CEO Considers Mass Layoffs After a whirlwind few weeks during which he cancelled a long-expected IPO after media reports suggested that equity market investors believed WeWork's valuation to be c.....»»

Category: blogSource: zerohedgeSep 24th, 2019

WeWork CEO in talks over future role

WeWork co-founder Adam Neumann has started talks with board directors and investors to discuss his future role, including the possibility of giving up his CEO role at the office-sharing start-up. Fred Katayama reports......»»

Category: videoSource: reutersSep 23rd, 2019

WeWork bond prices falls after SoftBank questions CEO: MarketAxess

The price of We Company's 7.875% May 2025 junk bond fell 1.1% on Monday morning, MarketAxess data showed, following reports from sources that investor SoftBank Group is exploring ways to replace Adam Neumann as chief executive of the WeWork parent......»»

Category: topSource: reutersSep 23rd, 2019