WeWork says it's a year closer to profitability than previously planned thanks to 8,400 job cuts

WeWork says it's a year closer to profitability than previously planned thanks to 8,400 job cuts

Business Insider

Published

· WeWork will be cash-flow positive, a step toward profitability, in 2021, according to a SoftBank executive. 
· Marcelo Claure, CEO of the Japanese investment fund, cited WeWork's massive job cuts for the accelerated timeline in an interview with the Financial Times.
· Softbank has pressured many of its money-losing...

Full Article