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WeWork lays off 2,400 employees

WeWork lays off 2,400 employees
Reuters
Embattled office-sharing startup WeWork confirmed on Thursday that it had cut 2,400 jobs in a round of layoffs following its failed IPO attempt.
WeWork began to meet with employees to announce the layoffs Thursday morning at 10 AM, a source familiar with the matter told Business Insider.
"As part of our renewed focus on the core WeWork business, and as we have previously shared with employees, the company is making necessary layoffs to create a more efficient organization," a WeWork spokesperson told Business Insider.
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