WeWork dials 911 — layoffs in New York City, that is

Nearly 30 percent will be offered transitional jobs with third-party vendors

New York /
Dec.December 12, 2019 11:00 AM
WeWork Co-CEO Sebastian Gunningham (Credit: Getty Images, Twitter, iStock)

WeWork Co-CEO Sebastian Gunningham (Credit: Getty Images, Twitter, iStock)

Layoffs at WeWork will total more than 900 in New York City, according to a filing by the company this week.

The co-working giant announced last month it would lay off about 2,400 employees across the company. The filing to New York state, which was required because of the high number of positions to be cut, specified that 911 New York employees will be affected — all in Manhattan except for seven in Queens. WeWork declined to comment.

According to the filing, which was reported Wednesday by Quartz as indicating “more than 400” layoffs, separations are expected to take place on Feb. 21 and March 2, 2020. Of the employees to lose their jobs in the city, 262 will be offered transitional positions at third-party vendors. That number largely represents maintenance workers migrating to similar jobs at JLL.

WeWork locations at 115 West 18th Street and 85 Broad Street (Credit: Google Maps, Getty Images)

WeWork locations at 115 West 18th Street and 85 Broad Street (Credit: Google Maps, Getty Images)

The bulk of the layoffs will be made at 115 West 18th Street, where 414 jobs will be cut. The other 497 will be dropped from 15 other locations, including 250 employees at 85 Broad Street, where WeWork rents five floors. The building is also home to Rise by We, a luxury gym WeWork launched in 2017.

At 1619 Broadway some 71 jobs will be cut, and another 32 positions at 205 Hudson Street.


Related Articles

arrow_forward_ios
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
WeWork CEO Adam Neumann (Credit: Getty Images and iStock)
WeWork’s side businesses are fizzling
WeWork’s side businesses are fizzling
Sarah Pontius (Credit: Union College)
Another head rolls at WeWork
Another head rolls at WeWork
The Real Deal's Hiten Samtani and Douglas Elliman's Scott Durkin (Photos by Paul Dilakian)
Real estate’s titans talk building, selling, and reinventing the city
Real estate’s titans talk building, selling, and reinventing the city
Joel Schreiber and 801 South Broadway (Google Maps)
WeWork’s first investor in grind on DTLA’s Broadway Trade Center
WeWork’s first investor in grind on DTLA’s Broadway Trade Center
R-L: Willow's Kevin Danehy, Era Ventures' Clelia Warburg Peters, Fifth Wall's Brad Greiwe and The Real Deal's Hiten Samtani (Photo by Paul Dilakian)
Real estate tech is coming for your business
Real estate tech is coming for your business
Industrious CEO Jamie Hodari and CBRE chief financial and investment officer Emma Giamartino (LinkedIn, CBRE)
CBRE doubles down on flex-office provider Industrious
CBRE doubles down on flex-office provider Industrious
From left: PropTech's Thomas Hennessy and Joseph Beck; Appreciate's Chris Laurence (Appreciate, LinkedIn/Tom Hennessy, LinkedIn/Joseph Beck, iStock)
Single-family rental platform Appreciate to go public in SPAC deal
Single-family rental platform Appreciate to go public in SPAC deal
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...