Tag: Sebastian Gunningham

WeWork appoints Sandeep Mathrani as CEO

WeWork announced the appointment of Sandeep Mathrani as its new Chief Executive Officer and a member of the Board of Directors, effective February 18, 2020. Mathrani holds an extensive leadership experience in the real estate sector. Mathrani will report to Marcelo Claure, who will remain Executive Chairman of WeWork. Mathrani replaces co-CEOs Artie Minson and…

WeWork to lay-off 2,400 employees globally

Cash-strapped WeWork will be laying off 2,400 of its employees, which account for upto 20% of its workforce. This move has been much anticipated for some time now – after the company was taken over by – SoftBank. The company that once saw a valuation of $47 billion has now been under severe financial pressure,…