Tag - adam-neumann

 
 

ADAM NEUMANN

Japan Times
BUSINESS
Nov 25, 2019
SoftBank to go ahead with WeWork stock tender offer this week
SoftBank Group Corp. will this week launch a previously agreed tender offer for as much as $3 billion of WeWork shares, including up to $970 million owned by the office sharing company's cofounder, Adam Neumann, two people familiar with the matter said.
Japan Times
BUSINESS
Nov 22, 2019
WeWork to lay off 2,400 employees globally in SoftBank revamp
WeWork said on Thursday it is laying off around 2,400 employees globally, as the office-sharing company seeks to drastically cut costs and stabilize its business after it transformed from a Wall Street darling into a pariah in a matter of weeks.
Japan Times
BUSINESS / Companies
Nov 9, 2019
WeWork and SoftBank sued over canceled IPO
WeWork officials and SoftBank are being sued by minority shareholders to recoup losses as the shared workspace provider pulled its initial public offering and saw its value plunge more than 87 percent.
Japan Times
BUSINESS / Companies
Oct 28, 2019
WeWork's path to turnaround challenged by tainted 'cool factor'
Co-working wasn't new when WeWork Cos. came along, but the office-sharing company made it cool, enticing millennials and entrepreneurs with amenities like hip furniture, beer on tap and puppy parties.
Japan Times
BUSINESS / Companies
Oct 23, 2019
WeWork accepts $9.5 billion rescue package, with SoftBank taking 80% stake
The SoftBank deal, which includes $5 billion in new financing and an acceleration of a $1.5 billion existing commitment, grants a reprieve to cash-strapped WeWork parent We Co.
Japan Times
BUSINESS
Oct 1, 2019
WeWork throws in the towel on its ill-fated IPO
WeWork's parent, The We Co., said Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup ousted founder Adam Neumann as its chief executive officer.
Japan Times
BUSINESS / Companies
Sep 30, 2019
SoftBank plans to name former Sprint boss to help fix WeWork
SoftBank Group Corp. is tapping Marcelo Claure to help turn around WeWork after ousting co-founder and Chief Executive Officer Adam Neumann from the corner office last week.
Japan Times
BUSINESS / Companies
Sep 25, 2019
WeWork's Adam Neumann steps down as CEO, with IPO on the line
Adam Neumann, the charismatic entrepreneur who led WeWork to become one of the world's most valuable startups, stepped down Tuesday as chief executive officer after a plan to take the company public hit a wall.
Japan Times
BUSINESS / Companies
Sep 23, 2019
SoftBank reportedly turns against WeWork's parent CEO, Adam Neumann
SoftBank Group, the biggest investor in WeWork owner We Co., is exploring ways to replace Adam Neumann as chief executive of the U.S. office-sharing startup, according to four sources.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji