WeWork has seen its fair share of turmoil in recent years. We’ve covered their trials and tribulations a number of times and the news isn’t stopping there.
The Head of Real Estate for the US, Canada, and Israel markets is leaving WeWork just after two years of joining the leadership team.
Aaron Ellison joined WeWork to lead growth during the company’s heyday.
Ellison said:
"After more than two years at WeWork, I'm incredibly proud not only of the growth that we achieved but also of the unbelievably talented and world-class real estate team that we built.”
A spokesperson at WeWork said:
"As WeWork continues to execute its strategic five-year plan we are realigning certain functions and teams to reflect our business priorities.”
Strong words about a company that has laid off a huge chunk of staff, asked for rent reductions, and looks to change its business model because flexible workspace is all but moot during a global pandemic.
CoStar Group has released strong financial results in the same week that it announced its intention to acquire Matterport for...
Read More
Swedish market leader Hemnet has revealed impressive results for the first three months of 2024, recording healthy double-digit growth YoY...
Read More
CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder...
Read More
Chinese portal FangDD has released its full-year financial results for 2023, with optimism despite China's slow recovery post-pandemic. Highlights include:...
Read More
