WeWork Lays Off 2,400 Employees In Latest Round of Cost-Cutting

WeWork Lays Off 2,400 Employees In Latest Round of Cost-Cutting

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More bad news for the embattled office-sharing startup.
Scott Olson/Getty Images
Topline: Troubled office-space startup WeWork is facing more bad news, with the company announcing today that it would lay off 2,400 employees, nearly 20% of its workforce, as it continues to cut costs in a bid to revamp its struggling business.

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