WeWork Head of Real Estate Resigns

June 1, 2020
Share this Post: 

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. 

June 1, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Investment And Funding Roundup 19 July 2024
Investment and Funding Roundup: Lhoopa, StudentTenant, Renters.pl

We've spotted three significant funding and investment movements this week, from an $80 million round in South Asia and two...

Read More
Product Roundup 19 July 2024
Product Roundup: SeLoger, SMG, OnTheMarket, Zoopla, BCG, ViewIT

We've spotted six interesting stories around the world in this week's Product Roundup, including some healthy competition in the UK....

Read More
Costar And Realtor.com
Move Inc. Files Injunction Request Against Unimpressed CoStar

Move Inc. has filed a motion for a preliminary injunction against CoStar and its former employee James Kaminsky from "any...

Read More
Carousell
Carousell Losses Shrank 40% in 2023 as Recommerce Business Grew

The Southeast Asian e-commerce and classifieds operator Carousell saw revenue rise by 40.5% year-on-year in 2023 according to newly released...

Read More

Editor's Pick