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Here are all the people SoftBank has trusted to turn WeWork around, including the 4 new executives it just announced

17 days ago   |   By Business Insider

WeWork chairman Marcelo Claure introduced four new executives at the company's all-staff meeting on Friday.
The four men join an executive team with only one woman. Claure said diversity will be a focus in the future.
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WeWork chairman tells employees the plan is to have positive adjusted earnings by 2021

WeWork chairman tells employees the plan is to have positive adjusted earnings by 2021

17 days ago   |   By CNBC

In a meeting with employees on Friday, WeWork Chairman Marcelo Claure laid out his plans to get the company to profitability.
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Inside WeWork's leaked all-staff meeting: The embattled company's path to profitability will focus on 6 pillars, and 4 men were named to executive roles

Inside WeWork's leaked all-staff meeting: The embattled company's path to profitability will focus on 6 pillars, and 4 men were named to executive roles

17 days ago   |   By Business Insider

WeWork chairman Marcelo Claure addressed employees at an all-staff meeting on Friday morning after major layoffs on Thursday.
He said focusing on six key areas, including selling new products and pitching WeWork in a different way, will help the business grow profitably.
WeWork also named four men to executive roles: chief transformation officer, interim chief marketing officer, chief product and experience officer, and chief people officer.
Claure said that in the future, WeWork will add more women to the executive team and to its all-male board.
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Martech company Iterable just raised $60 million in what it calls its last...

Martech company Iterable just raised $60 million in what it calls its last funding round, and plans to use it to take on Salesforce and Oracle and get profitable

A growing number of marketing tech companies are trying to help brands make sure the messages they send to customers are relevant. Iterable is a 6-year-old, San Francisco-based... Read more ...

Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus...

Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus season

Morgan Stanley is cutting 1,500 jobs, or roughly 2% of its workforce. People familiar with the matter told CNBC that the cuts will largely hit technology and operations, while... Read more ...

Away CEO Steps Down After Bombshell Report Reveals Staff Mistreatment

Away CEO Steps Down After Bombshell Report Reveals Staff Mistreatment

Steph Korey will no longer manage the popular luggage company in the wake of an article detailing a toxic work culture. Read more ...

SoftBank is selling back its stake in embattled dog-walking startup Wag...

SoftBank is selling back its stake in embattled dog-walking startup Wag, amid the company's 'painful' layoffs

SoftBank's Vision Fund is giving up its nearly 50% stake in the dog-walking startup Wag, as the company continues to struggle. A memo circulated among Wag employees informed... Read more ...

Amazon thinks its cloud is 'objectively superior' to Microsoft's because it...

Amazon thinks its cloud is 'objectively superior' to Microsoft's because it has a custom chip called Nitro. Here's everything Amazon says the Pentagon missed with JEDI

In its protest over the lucrative JEDI contract, Amazon claims that its cloud is better than Microsoft's cloud. While Amazon has basically argued that the main reason it lost... Read more ...

At least 5 people are dead after a New Zealand volcano erupted. Experts say...

At least 5 people are dead after a New Zealand volcano erupted. Experts say the disaster was not predictable, despite warning signs

At least five people are dead, eight are missing, and more than 30 are injured after one of New Zealand's most active volcanoes erupted on Monday afternoon. Over the last... Read more ...

Amazon can blame Trump all it wants but Microsoft will still walk away with...

Amazon can blame Trump all it wants but Microsoft will still walk away with the $10 billion JEDI deal, analyst says

Amazon is challenging the Pentagon's decision to award a $10 billion cloud computing contract to competing Microsoft in a lawsuit, alleging political interference from the... Read more ...

MLB released jerseys with a Nike swoosh for next season, and baseball fans...

MLB released jerseys with a Nike swoosh for next season, and baseball fans are freaking out

Nike revealed a first look at its new MLB jerseys that prominently feature the company's iconic swoosh symbol Monday. In January of 2019, the sneaker and athletic wear giant... Read more ...

Billionaire investor Ray Dalio sat down with his idol, Paul Volcker, who...

Billionaire investor Ray Dalio sat down with his idol, Paul Volcker, who laid out the 3 principles that have guided his legendary career

In an exclusive interview conducted by Bridgewater Associates and seen by Business Insider, Ray Dalio chatted with the legendary economist and former Federal Reserve Chair Paul... Read more ...

Why I'm happy to keep paying an annual fee for the Chase Sapphire Reserve...

Why I'm happy to keep paying an annual fee for the Chase Sapphire Reserve but will probably cancel the Amex Platinum

I have over a dozen rewards credit cards that I rotate depending on what I'm buying to maximize my earnings.
 The Chase Sapphire Reserve , Ink Business Preferred Credit Card... Read more ...