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Jeremy Fennema – Tech Innovation Alchemist
Miguel McKelvey, co-founder of WeWork, has announced that he will be leaving the company at the end of the month where he currently serves as chief culture officer.
“After 10 years, I’ve made one of the most difficult decisions of my life — one that I’m not even sure has sunk in just yet,” McKelvey wrote in the note sent to WeWork employees. “While it’s hard to leave, and I know there is a lot more work to be done, I could only make this decision knowing this company and our people are in good hands.”
Sandeep Mathrani, CEO of WeWork, said that McKelvey’s role helped create a community that “celebrates inclusivity, authenticity, learning and growth.”
This news follows multiple reports that WeWork is struggling to weather the current pandemic, as well as juggling a class-action lawsuit from investors over its failed initial public offering. Several members have also been outspoken about the company charging fees while people have had to work from home and threatening their own lawsuits.
