Adam Neumann

42 results

SoftBank is in talks to take control of WeWork as the lossmaking property group faces a cash crunch that threatens its solvency, according to multiple(...)

Kenneth Rouse, managing director and head of investment at BNP Paribas Real Estate Ireland. Photograph: Fennell Photography

Dublin has joined the top 10 European cities for serviced office space deals in 2018, according to a new report from BNP Paribas Real Estate (BNPPRE).(...)

 Softbank group chief executive Masayoshi Son. The  meltdown at WeWork has sparked pointed questions about whether his enormous investments and futuristic pronouncements are more style than substance. Photograph: Toshifumi Kitamura/AFP/Getty Images

Masayoshi Son’s start-ups have had a rough few months, from a botched initial public offering (IPO) by WeWork to a sharp decline in shares of Uber Tec(...)

The collapse of the negotiations around  Central Quay comes as WeWork grapples with the fallout of its parent’s decision to put off its IPO. Photograph: Getty

WeWork pulled out of a deal to rent space in a Dublin office block, according to sources. The company had been in talks to take space at Central Quay(...)

A file photo taken on July 19th 2019 of a WeWork office in New York City.  Photograph: TIMOTHY A CLARY / AFP/Getty Images

WeWork has formally withdrawn its plan for an initial public offering, signalling the need to reduce its losses and revamp the business before making (...)

Photograph: Haruka Sakaguchi/The New York Times

WeWork is formally withdrawing the prospectus for its scrapped initial public offering, capping a botched effort to go public that cost its top execut(...)

Pushed out: Adam Neumann, WeWork’s former chief executive. Photograph: Cole Wilson/The New York Times

If you spot a problem at work, are you more likely to tell someone in charge or keep quiet? I thought about that question last week as WeWork’s Adam (...)

Holiday misery: A British government official speaks to tourists booked with Thomas Cook as they queue on Monday at an airport near Tunis. Photograph: Fethi Belaid/AFP

Image of the week: Thomas Cooked Welcome to “Operation Matterhorn”, a name once ascribed to a US bombing of Japanese forces in 1944, but now the code(...)

Adam Neumann, who has been ousted overnight as chief executive of WeWork, the company he founded, alongside his sister, Adi, onstage at the “2018 Creator Awards at Madison Square Garden in New York. Photograph: Cole Wilson

Adam Neumann has been pushed out as chief executive of WeWork after some of the lossmaking property company’s biggest backers lost faith in the 40-yea(...)

Any attempt by WeWork to oust Adam Neumann, above,  could backfire: his shares carry 10 times the voting rights of other investors. File photograph: Cole Wilson/The New York Times

SoftBank has lost faith in Adam Neumann’s ability to lead WeWork and is expected to call for a board meeting to demote him as early as this week, afte(...)

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