Press Play with Madeleine Brand

CEO of WeWork to step down amid tales of financial impropriety and wild partying

WeWork founder Adam Neumann is expected to step down as CEO of the company. He’ll still be chairman of the co-working startup. Neumann’s ouster comes after a cascade of bad press for WeWork. The company postponed its IPO.

By Madeleine Brand • Sep 24, 2019 • 1 min read

WeWork founder Adam Neumann is expected to step down as CEO of the company. He’ll still be chairman of the co-working startup. Neumann’s ouster comes after a cascade of bad press for WeWork. The company postponed its IPO. It’s facing massive deficits. Its expected value was slashed to one-third of the original sticker price.

Madeleine Brand
Host, 'Press Play'
Sarah Sweeney
Vice President of Talk Programming, KCRW
Michell Eloy
Line Editor, Press Play
Alexandra Sif Tryggvadottir
Associate producer
Eliot Brown
Wall Street Journal reporter

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Press Play with Madeleine Brand

CEO of WeWork to step down amid tales of financial impropriety and wild partying

WeWork founder Adam Neumann is expected to step down as CEO of the company. He’ll still be chairman of the co-working startup. Neumann’s ouster comes after a cascade of bad press for WeWork. The company postponed its IPO.

Share

Press Play with Madeleine Brand

CEO of WeWork to step down amid tales of financial impropriety and wild partying

WeWork founder Adam Neumann is expected to step down as CEO of the company. He’ll still be chairman of the co-working startup. Neumann’s ouster comes after a cascade of bad press for WeWork. The company postponed its IPO.

Share