trending Market Intelligence /marketintelligence/en/news-insights/trending/5g_8TE5cwAVjkV3kSdvr1g2 content esgSubNav
In This List

Report: WeWork CEO faces pressure to step down

Blog

Broadcast deal market recap 2021

Blog

Europe: 5 key OTT trends to watch in 202

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Report: WeWork CEO faces pressure to step down

WeWork Companies Inc. chief executive Adam Neumann is facing pressure by board members to step down after the coworking company delayed its much-anticipated IPO, The Wall Street Journal reported, citing people familiar with the matter.

The board members, which include officials tied to SoftBank Group Corp. — WeWork's largest investor — want Neumann to step down as CEO of The We Co., WeWork's parent company, according to the Journal.

The board could meet to consider a proposal for Neumann to stay on as We's nonexecutive chairman as early as the week commencing Sept. 23, some of the people told the publication.