WeWork to lay off 2,400 employees in SoftBank revamp www.reuters.com

The layoffs began weeks ago in regions around the world and continued this week in the United States, WeWork said.
“This workforce reduction affects approximately 2,400 employees globally, who will receive severance, continued benefits, and other forms of assistance to aid in their career transition,” New York-based WeWork added.
WeWork employees embrace on the sidewalk outside the entrance to the WeWork corporate headquarters in Manhattan, New York, U.S., November 21, 2019.
A WeWork employee, speaking on the condition of anonymity, said on Wednesday that some employees at its residential living business, WeLive, had been told Thursday would be their last day.
Slideshow (4 Images)Some WeWork employees have banded together into the WeWorkers Coalition, which is calling for severance pay and compensation for lost equity for laid off employees.