What on Earth is WeWork doing that requires TWELVE THOUSAND PEOPLE!? Holy fucking shit
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WeWork lays off 2,400 employees
11–20 of 291 posts
Re: WeWork lays off 2,400 employees
#12What on Earth is WeWork doing that requires TWELVE THOUSAND PEOPLE!? Holy fucking shit
Certainly nothing to merit 12k, but they do have close to 1,000 locations and it's fundamentally a brick and mortar managed office space company, so every location needs at least a few people to keep things running / deal with client issues. The question is how big their back office operations really needs to be.
Re: WeWork lays off 2,400 employees
#13From the article, 2,400 employees is 19% of the peak of 12,500 employees on June 30. There was no mention of where the cuts were made however. I am curious how many "white collar" type jobs WeWork would have, since I heard from previous discussions here that they were hiring for roles in unrelated-to-real-estate things like machine learning. I would imagine that there are lots of hourly-type roles managing the sites,…
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Re: WeWork lays off 2,400 employees
#14What on Earth is WeWork doing that requires TWELVE THOUSAND PEOPLE!? Holy fucking shit
Managing their local facilities.
Re: WeWork lays off 2,400 employees
#15What on Earth is WeWork doing that requires TWELVE THOUSAND PEOPLE!? Holy fucking shit
Managing 800 physical office locations? That’s not really that many people per location.
Re: WeWork lays off 2,400 employees
#16I can't fathom the morale at this place. I really hope things get better for these poor people caught in the middle of this shit show.
The worst part of this for people will be having WeWork on their resume.
Re: WeWork lays off 2,400 employees
#17 I still can't believe this guy gets to walk away with 1.7 billion dollars just for building up fluff while all the people who helped him grow have dire consequences both financial and personal. Unbelievable that this guy gets a clean chit, and all this isn't considered criminal. This to me is almost at the scale of Theranos. Only, this guy was smarter in the legal side of things, perhaps.
Re: WeWork lays off 2,400 employees
#18Judging from the incredible press, it would be amazing if the management can hold the company together and it actually exists in 3 years.
Re: WeWork lays off 2,400 employees
#19I can't fathom the morale at this place. I really hope things get better for these poor people caught in the middle of this shit show.
> I really hope things get better for these poor people caught in the middle of this shit show.
As in, you hope they find new employment at a legitimate company?
Re: WeWork lays off 2,400 employees
#20I still can't believe this guy gets to walk away with 1.7 billion dollars just for building up fluff while all the people who helped him grow have dire consequences both financial and personal. Unbelievable that this guy gets a clean chit, and all this isn't considered criminal. This to me is almost at the scale of Theranos. Only, this guy was smarter in the legal side of things, perhaps.
What dire consequences?