WeWork's new chairman defends payouts to founder, says company will survive

WeWork's new chairman defends payouts to founder, says company will survive

4 years ago
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https://www.reuters.com/article/us-wework-chairman-workers/weworks-new-chairman-defends-payouts-to-founder-says-company-will-survive-idUSKBN1X22J7

WeWork's new Executive Chairman Marcelo Claure on Wednesday defended huge payouts to the office-sharing company's founder Adam Neumann and said there is now "zero risk of the company going bankrupt," according to an audio recording of a meeting he held with employees that was reviewed by Reuters.

WeWork's new chairman defends payouts to founder, says company will survive

Oct 23, 2019, 10:16pm UTC
https://www.reuters.com/article/us-wework-chairman-workers/weworks-new-chairman-defends-payouts-to-founder-says-company-will-survive-idUSKBN1X22J7 >WeWork's new Executive Chairman Marcelo Claure on Wednesday defended huge payouts to the office-sharing company's founder Adam Neumann and said there is now "zero risk of the company going bankrupt," according to an audio recording of a meeting he held with employees that was reviewed by Reuters.