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Demovictory9

(32,421 posts)
Mon Nov 25, 2019, 04:56 PM Nov 2019

WeWork chairman posts extravagant dinner on Instagram one day after mass layoffs





Just one day after the startup laid off 2,400 employees, WeWork chairman Marcelo Claure was eating Michelin-starred pasta — and sharing it on Instagram.

New York Times reporter Amy Chozick tweeted a screenshot from Claure's Instagram story: a photo of the $110 tasting menu from New York City restaurant Babbo with the caption "Pasta overdose" (accompanying wines with the tasting menu add an additional $80 per person). A screen recording tweeted by Business Insider reporter Benjamin Goggin shows a video Claure also posted of the lavish meal.


On Thursday, WeWork confirmed that it had cut 2,400 jobs — about 20 percent of its workforce — after a failed IPO attempt that caused its value to tank from $47 billion to about $8 billion.

This is not the first time WeWork has appeared tone-deaf in the handling of layoff announcements. Back in September, former WeWork CEO Adam Neumann somberly announced mass layoffs at an all-hands meeting, and then minutes later brought in Darryl McDaniels of hip-hop act Run-DMC to perform a set and passed around tequila shots to employees.

https://www.sfgate.com/bayarea/article/WeWork-layoffs-chairman-nyc-marcelo-claure-14861275.php#photo-16923343
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WeWork chairman posts extravagant dinner on Instagram one day after mass layoffs (Original Post) Demovictory9 Nov 2019 OP
Bunch of overpaid douchebags and look what CEO boy did: CurtEastPoint Nov 2019 #1

CurtEastPoint

(18,620 posts)
1. Bunch of overpaid douchebags and look what CEO boy did:
Mon Nov 25, 2019, 05:00 PM
Nov 2019

Neumann, according to the Vanity Fair article, believed that WeWork “was even capable of solving the world’s thorniest problems. Last summer, some WeWork executives were shocked to discover Neumann was working on Jared Kushner’s Mideast peace effort. According to two sources, Neumann assigned WeWork’s director of development, Roni Bahar, to hire an advertising firm to produce a slick video for Kushner that would showcase what an economically transformed West Bank and Gaza would look like.”

https://www.haaretz.com/us-news/wework-founder-adam-neumann-helped-kushner-craft-mideast-peace-plan-says-report-1.8168721

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