The Spectacular Rise and Fall of WeWork
The Daily
18.11.2019 • 23 Min.
It was one of the most valuable start-ups in the United States, with bold plans to revolutionize how and where people worked around the world. Today, we look at how the dream of WeWork crumbled — and explore the story of the man responsible for the wreckage. Guest: Amy Chozick, a writer at large for The New York Times covering the personalities and power struggles in business, politics and media. For more information on today’s episode, visit nytimes.com/thedaily. Background reading: Adam Neumann had an inexplicably persuasive charisma and a taste for risk. Then he found a kindred spirit with an open checkbook.WeWork is preparing to eliminate at least 4,000 employees, cutting nearly a third of its work force in an effort to staunch further financial losses. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.