WeWork

WeWork executive chairman Marcelo Claure (Credit: iStock, Getty Images)

SoftBank-backed Gympass signs big WeWork office deal

WeWork has landed a three-year deal to provide space for 250 employees of Gympass, the gym membership app company...

SoftBank-backed Gympass signs big WeWork office deal
The Wing CEO Audrey Gelman, WeWork co-CEO Artie Minson, and Teem CEO Shaun Ritchie (Credit: Getty Images, WX Summit)

WeWork offloads stake in the Wing and software startup

WeWork has severed ties with two more startups that joined the office space company before its downfall. The office-space...

WeWork offloads stake in the Wing and software startup
Softbank Vision Fund senior managing partner Deep Nishar (Credit: SoftBank, Wikipedia)

“We are still in it”: SoftBank still believes in WeWork’s core business

After committing a $9.5 billion rescue package for WeWork and shaking up the firm’s management, SoftBank still believes in...

“We are still in it”: SoftBank still believes in WeWork’s core business
Knotel CEO Amol Sarva (Credit: iStock)

Knotel lays off up to a third of its New York-focused staff: sources

UPDATED, 11:39 a.m.: Knotel laid off as much as a third of its New York market-focused staff, as the...

Knotel lays off up to a third of its New York-focused staff: sources
WeWork co-CEOs Sebastian Gunningham and Artie Minson (Credit: Getty Images, iStock, Twitter)

WeWork lease-signings sink in New York and London

WeWork appears to be pulling back in two major markets after a chaotic close to the year. The number...

WeWork lease-signings sink in New York and London
Adam Neumann (Credit: Getty Images)

Adam Neumann’s next bet? Mortgage servicing

Months after being forced out of WeWork, co-founder Adam Neumann is continuing an investment spree. Through his family office,...

Adam Neumann’s next bet? Mortgage servicing
WeWork co-CEOs Sebastian Gunningham and Artie Minson (Credit: Getty Images and Twitter)

WeWork co-CEOs will land $17M if they leave

It may not be $1.7 billion, but it’s still a pretty penny. WeWork’s co-CEOs Artie Minson and Sebastian Cunningham will get about $17 million in exit packages if they are fired or leave WeWork,...

WeWork co-CEOs will land $17M if they leave
Oyo CEO Ritesh Agarwal (Credit: Getty Images)

Future City newsletter: Struggles at SoftBank’s $10B hospitality startup, the death of CrediFi & more

Proptech is a $20 billion industry that’s already reshaping and upending traditional real estate as we know it. And this is just the beginning....

Future City newsletter: Struggles at SoftBank’s $10B hospitality startup, the death of CrediFi & more
Adam Neumann (Credit: Getty Images, iStock)

Adam Neumann could reap $2B from WeWork golden parachute

Adam Neumann’s golden parachute could be the gift that keeps on giving. According to the Financial Times, the WeWork...

Adam Neumann could reap $2B from WeWork golden parachute
Softbank CEO Masayoshi Son (Credit: Getty Images)

WeWork’s rescue package may be in trouble

SoftBank Group is trying to borrow $3 billion from Japan’s three largest banks as part of its effort to save WeWork and it’s not going well. Talks have stalled amid the lenders’ concern over...

WeWork’s rescue package may be in trouble
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