Live Update 
From the Liveblog of
Thursday, November 21, 2019
From the Liveblog of
Thursday, November 21, 2019
WeWork to lay off 2,400 workers worldwide
Embattled office-sharing startup WeWork says it will lay off 2,400 employees of its 15.000 worldwide as the company struggles to reorganize amid mounting losses.
The news comes in the wake of the company’s failed attempt to launch an initial public offering.
The dismissed workers “will receive severance, continued benefits, and other forms of assistance to aid in their career transition,” a spokesperson says in a statement.
— AFP
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