The Spectacular Rise and Fall of WeWork

The Daily

• Episode: The Spectacular Rise and Fall of WeWork
• Website: The Daily
• Feed URL: http://rss.art19.com/the-daily
• Duration: 00:23:26
• Published: 2019-11-18 11:59

It was one of the most valuable start-ups in the United States, with bold plans to revolutionize how and where people worked around the world. Today, we look at how the dream of WeWork crumbled — and explore the story of the man responsible for the wreckage.

Guest: Amy Chozick, a writer at large for The New York Times covering the personalities and power struggles in business, politics and media.

For more information on today’s episode, visit nytimes.com/thedaily.

Background reading:

• Adam Neumann had an inexplicably persuasive charisma and a taste for risk. Then he found a kindred spirit with an open checkbook.
• WeWork is preparing to eliminate at least 4,000 employees, cutting nearly a third of its work force in an effort to staunch further financial losses.