WeWork is laying off around 2,400 employees globally, as the office-sharing company seeks to drastically cut costs and stabilise its business after it transformed from a Wall Street darling into a pariah in a matter of weeks. WeWork had become bloated, was diversifying into all kinds of areas and was expanding at a breakneck speed without any clear route to profitability.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ri5JbN
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