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SoftBank announces settlement with WeWork co-founder Adam Neumann

SoftBank Group Corp. said on Friday it has entered into a settlement agreement with WeWork special committee (formerly referred to as The We Company)...

WeWork CFO Kimberly Ross to step down

WeWork announced that Kimberly Ross will be stepping down as Chief Financial Officer (CFO) at the end of this month for personal reasons. WeWork...

WeWork secures new $1.1bn commitment from Softbank

The We Company, a parent organization of WeWork, told employees on Thursday that it cut its cash burn rate almost in half to US$671...

Columbia, WeWork terminate lease at 149 Madison Avenue in Manhattan

Columbia Property Trust and WeWork have released a joint statement on Thursday regarding termination of WeWork’s lease at 149 Madison Avenue in Manhattan. The statement...

WeWork special committee files lawsuit challenging SoftBank’s decision to terminate tender...

The special committee of the board of directors of The We Company, a parent organization of WeWork, announced that it has filed a lawsuit...

SoftBank Group announces end of WeWork tender offer because closing conditions...

SoftBank Group Corp. (SoftBank) today announced that, in accordance with the terms of its October 2019 Master Transaction Agreement (MTA) with The We Company...

WeWork names Kimberly Ross Chief Financial Officer

WeWork announced that Kimberly A. Ross will join the Company as Chief Financial Officer, effective March 16. Ross is a highly accomplished executive with...

Shyam Gidumal joins WeWork as Chief Operating Officer

WeWork, the world’s leading space-as-a-service platform, announced that it has hired Shyam Gidumal as its Chief Operating Officer, effective immediately. Shyam Gidumal has decades...

WeWork launches Food Labs in New York City

WeWork has launched the WeWork Food Labs New York, aiming to provide food-focused entrepreneurs and companies with collaborative and flexible workspace, custom programming, and global...

WeWork announces completion of new letter of credit facility

WeWork (“the Company”), the world’s leading co-working and space-as-a-service platform, today announced the closing of its new $1.75 billion senior secured letter of credit...

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