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 smartly do it preventing. 

A choice of WeWork workers 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, together with 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 reviews was once signed via over 150 workers, calls for that the hundreds of workers going through layoffs be given severance and supplied with medical insurance. It additionally highlights the absurd $1.7 billion payout won via Neumann, calling it “graft.”

“This tale is considered one of deception, exclusion and selfishness enjoying out on the corporate’s absolute best ranges,” reads the letter.

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

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

We reached out to the WeWork Coalition in an try to decide what reaction, if any, it is won from WeWork management. We didn’t obtain a direct reaction. The New York Instances reviews 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 strengthen and kids to lift,” the letter provides. “We’re asking to be handled with humanity and dignity so we will be able to proceed dwelling existence whilst looking out to make a dwelling somewhere else.”

WeWork, for its phase, claims to be listening. 

“Government Chairman Marcelo Claure cares deeply about our workers and treating those that are laid off as a part of the restructuring moderately, with dignity and recognize,” wrote a WeWork spokesperson over e mail. “Our restructuring will come with truthful severance programs and continuation of advantages to assist workers with a success profession transitions.”

What that commentary in fact approach when the rubber hits the street, on the other hand, is still noticed. In all probability, as WeWork executives take their time to determine the specifics, they may be able to stay their workers’ phrases in thoughts. 

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