Sunday, September 22, 2019

WeWork Board Members Seek to Remove CEO

First the company put off its IPO, now this? Things are looking good for WeWork lately.

A group including officials tied to SoftBank Group Corp. 9984 0.17% , the company’s largest investor, wants Mr. Neumann to relinquish his title of CEO of We Co., the parent of the office-sharing company, people familiar with the matter said.