The first people to be cut will be spared having to work long hours executing layoffs, only to face job cuts themselves, a source says.
WeWork's layoffs officially began on Monday, sources say, and hit the corporate technology, HR and security departments. Employees are being offered four months severance, regardless of tenure, they say. The bulk of the layoffs are still to come, but one employee called this first round a small mercy, as these people will not be required to work long hours executing the layoff only to be laid off themselves at the end. For more WeWork stories, click here.
WeWork's layoffs officially began on Monday, sources say, and hit the corporate technology, HR and security departments. Employees are being offered four months severance, regardless of tenure, they say. The bulk of the layoffs are still to come, but one employee called this first round a small mercy, as these people will not be required to work long hours executing the layoff only to be laid off themselves at the end. For more WeWork stories, click here.
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