Tech start-ups cut nearly 70 000 jobs in four months
Uber, Groupon and Airbnb had the biggest layoffs resulting from the economic upheaval caused by the coronavirus pandemic, says BuyShares.
WeWork lays off staff, restructures amid COVID-19 setback
Abandoned by its funder and tenants, the shared office space firm introduces a restructuring process, with plans to cut jobs.
WeWork sues Softbank as tenants terminate lease agreements
The shared workspaces company claims Softbank's decision to withdraw its $3 billion tender offer is a breach of contractual obligations and fiduciary duty.
WeWork appoints new CEO amid rapid expansion plans
The shared workspaces company appoints real estate veteran Sandeep Mathrani after establishing a five-year growth strategy.
Big corporates opt for WeWork shared office tenancy
The economic downturn and a trend towards flexible office environments see WeWork become home to large enterprises, says WeWork SA GM Stafford Masie.
EXCLUSIVE: T-Systems to relocate from Midrand complex to WeWork
The company, which announced restructuring plans last year, is moving to a co-working office and workspace.
SoftBank throws WeWork multibillion-dollar lifeline
The embattled shared workspaces company receives an $8 billion rescue investment from the Japanese tech giant, in a move aimed at restoring its path to profitability.
Bitcoin to change the future of humanity: WeWork SA boss
Stafford Masie, computer scientist and GM of WeWork SA, believes Bitcoin is the greatest gift mankind has ever received technologically.