wework ceo

The We Company will no longer be going public anytime soon. According to the new CEOs, the decision to postpone its IPO was necessary to solve many of the company’s internal problems. For now, no new date has been set.

Now that Neumann is gone, the SoftBank Group which is WeWork’s largest investor, is considering pumping a lot more money into the troubled startup. The deal, if completed will give SoftBank more control of the company.