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Posted on August 05, 2022

WeWork Lays Off Staff As Part of A ‘Realignment

 WeWork Lays Off Staff As Part of A ‘Realignment

A number of former WeWork employees posted on their LinkedIn profiles that they had been laid off. Those employees worked in various departments from IT to sales to operations.

When I reached out to the company, a spokesperson only told me the following:

“As WeWork continues to execute its strategic 5-year plan we are realigning certain functions and teams to reflect our business priorities.”

An individual familiar with the layoff said that “recent unforeseeable economic conditions” (presumably the fact that the COVID-19 pandemic has resulted in people working from home all over the world) had contributed to the need for a restructuring that has resulted in a smaller workforce. The total number of employees affected by the layoff is unclear at this time but, according to an employee who was laid off, who preferred not to be named, about 300 people on WeWork’s “tech and development team” were let go.