WeWork CEO Adam Neumann steps down
FOX Business’ Susan Li discusses WeWork’s change in executive management.
WeWork's recent financial implosion has led to the first round of job cuts and those being let go aren't happy about their severance.
Continue Reading Below
One severance package that was extended to a recently laid-off employee of Meetup, an app for in-person social events that WeWork acquired, was obtained by Recode.
Meetup laid off 25 percent of its workforce, or about 50 employees.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The severance offer Recode reviewed provides three months in which an employee remains on the payroll with benefits but stops working — as well as one month of severance pay.