Home / Tech News / WeWork employees call out 'greed' and 'deception' in open letter

WeWork employees call out 'greed' and 'deception' in open letter

In case you are happening, you could as neatly do it preventing. 

A selection of WeWork staff despatched that message loud and transparent on Nov. eight with the newsletter of an open letter criticizing their soon-to-be former employer of greed, corruption, and deception. Following the aborted IPO and September ouster of cofounder Adam Neumann, at the side of the promised restructuring via SoftBank, the workers see the writing at the wall — and are doing one thing about. 

The letter, which the New York Instances studies was once signed via over 150 staff, calls for that the 1000’s of staff dealing with layoffs be given severance and supplied with medical health insurance. It additionally highlights the absurd $1.7 billion payout gained via Neumann, calling it “graft.”

“This tale is one in all deception, exclusion and selfishness enjoying out on the corporate’s perfect ranges,” reads the letter.

The gang says it is shaped a coalition dubbed the WeWork Coalition.

“We’re taking complete good thing about our prison proper to determine this coalition,” continues the letter, “and in doing so, we are hoping to offer the long run staff of WeWork the voice we by no means had.”     

We reached out to the WeWork Coalition in an try to resolve what reaction, if any, it is gained from WeWork management. We didn’t obtain a right away reaction. The New York Instances studies the letter was once brought to control on Tuesday. 

“We aren’t the Adam Neumanns of this international — we’re a various paintings pressure with rents to pay, families to give a boost to and youngsters to boost,” the letter provides. “We’re asking to be handled with humanity and dignity so we will proceed dwelling existence whilst looking out to make a dwelling in other places.”

WeWork, for its phase, claims to be listening. 

“Govt Chairman Marcelo Claure cares deeply about our staff and treating those that are laid off as a part of the restructuring quite, with dignity and admire,” wrote a WeWork spokesperson over electronic mail. “Our restructuring will come with truthful severance programs and continuation of advantages to lend a hand staff with a success profession transitions.”

What that remark if truth be told manner when the rubber hits the street, then again, is still observed. Possibly, as WeWork executives take their time to determine the specifics, they are able to stay their staff’ phrases in thoughts. 

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