Dr. Gleb Tsipursky – The Office Whisperer
Nirit Cohen – WorkFutures
Angela Howard – Culture Expert
Drew Jones – Design & Innovation
Jonathan Price – CRE & Flex Expert
At WeWork’s first all-hands meeting since co-founder Adam Neumann stepped down as CEO, executives ensured employees about the company’s business model, but that layoffs were inevitable.
Miguel McKelvey, co-founder and chief culture officer, started things off by expressing his shock in the company’s recent failed IPO, but emphasized the importance of the firm’s values.
[bctt tweet=”New co-CEOs Sebastian Gunningham and Artie Minson noted all departments were being evaluated and apologized for not informing employees about changes to the company.” username=”allwork_space”]
WeWork has cut ties with 20 people in Neumann’s inner circle, including his wife Rebekah Neumann and its “Made by We” staff.
Reports also revealed that WeWork may lay off between 10% and 25% of its 12,500 staff.
Additionally, the company has taken some abnormal cost-cutting measures at some locations such as watering down mouthwash stocked in its bathrooms.
