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0 pointsfilmgirlcw6y ago0 comments

Dude, come on. They have 15,000 employees. Most of them are going to lose their jobs. Those are the victims.

I agree I don’t weep for Soft Bank or the Saudis, but plenty of people took jobs not just on the promise of IPO riches. And laying off a company of WeWork and its subsidiaries size is more than just a handful of people entering the job market — a market that isn’t as good in every city, which is something to consider since We has quite a distributed workforce.

Edited: it is 15,000 people — not 12. And most of them will end up losing their jobs. That’s a lot of people.

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smeyer6y ago

>which is something to consider since We has quite a distributed workforce

Wouldn't a distributed workforce mean a less impactful layoff for the employees? Much better to be part of a N,000 person layoff but one of only 200 people in your town then entering a local job market with all N,000 people at once.

luckydata6y ago

not to mention all the people that will be affected when they inevitably default on their real estate obligations. Contractors, security, cleaning crew, small lenders... a lot of people will get hurt through no fault of their own. this kind of stuff has consequences.

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smeyer6y ago

>which is something to consider since We has quite a distributed workforce

luckydata6y ago

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