23-10-2019 23:31 via ocregister.com

WeWork agrees on co-CEO severance packages as it prepares to cut 4,000 jobs

As WeWork, the beleaguered office-sharing startup, prepares to fire 4,000 rank-and-file staff members to cut costs, its board has agreed on severance packages for its co-CEOs if they leave, according to people with knowledge of the matter.
In the past week, WeWork’s board signed off on exit deals for Artie Minson and Sebastian Gunningham in the multimillion-dollar range, said one of the people, who requested anonymity because the agreements are private. The severance arrangements were nego
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