WeWork C.E.O. Adam Neumann Steps Down Under Pressure

hastakshep news 25th September 2019 businesses, India, international, News, United States Leave a comment

WeWork C.E.O. Adam Neumann Steps Down Under Pressure

New Delhi, 25^th September 2019. WeWorks’s C.E.O. Adam
Neumann is said to be stepping down, a stunning fall for an entrepreneur who
oversaw one of the most valuable start-ups of the last decade, The NewYork
Times reports.

The resignation is meant to assuage investors who have
balked at buying shares in the fast-growing but unprofitable company’s initial
public offering.

NY Times reports that Adam Neumann turned WeWork into one of the most valuable start-ups in the world largely through the force of his outsize personality.

WeWork is an American real estate company that provides
shared workspaces for technology start-ups, and services for other enterprises.
Founded in 2010, it is headquartered in New York City. As of 2018, WeWork
manages 46.63 mill. Adam Neumann is its
CEO since 15 Feb 2010.

WeWork, The Real estate company was founded in 2010, at
SoHo, New York, United States. It has a branch

WeWork In Noida (India) office – C-001/A2, Sector 16B, Gautam Buddha Nagar Noida, UP, Floor 19, Noida, Uttar Pradesh.

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WeWork C.E.O. Adam Neumann Steps Down Under Pressure