Wework
Infrastructure
WeWork plans to lay off nearly a third of global staff
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......
Infrastructure
WeWork board accepts SoftBank rescue deal
WeWork’s board has accepted a takeover plan proposed by SoftBank Group, handing control of the office-sharing startup to the Japanese ......
Infrastructure
SoftBank to skip WeWork's lease obligations with new funding lifeline
SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the ......
Finance
Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations
The $100 billion Vision Fund of Japan’s SoftBank Group Corp (9984.T) has in just over two years burned through much ......
Infrastructure
WeWork India fights for funds after talks with ICICI Bank collapse
WeWork's India franchise has seen talks with local lender ICICI Bank Ltd on $100 million in funding break down since ......
Finance
SoftBank CEO Masayoshi Son says "embarrassed" by track record
SoftBank Group CEO Masayoshi Son said he is "embarrassed and flustered" by his track record, in comments to Nikkei Business ......
Finance
WeWork woes hit Softbank's plans for second Vision Fund
Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in ......
Infrastructure
SoftBank-backed WeWork to formally withdraw ill-fated IPO
WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after ......
Infrastructure
SoftBank-backed WeWork halts new lease pacts with property owners amid widening losses
WeWork is halting all new lease agreements with property owners as the U.S. office-sharing startup looks to curtail costs, the ......
Infrastructure
SoftBank may pump $1 bn more into troubled office-sharing startup WeWork
SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement ......
