https://www.vice.com/en_us/article/zmjaxw/wework-lays-off-20-percent-of-its-workforce

WeWork announced Thursday it is firing 2,400 of its 12,500 employees as part of a plan to save the company from bankruptcy. The company has cut a total of 20 percent of its workforce in a single day.

WeWork doesn’t plan on stopping there, however. It expects to layoff at least 4,000 people: at least 1,000 will come from closing "noncore" businesses like WeGrow, a private school in Manhattan meant to target children of the ultra-rich; another 1,000 building maintenance workers employees have been transferred to an outside contractor.