Business BSAM and SWOT analysis
We Work Articles:
WeWork Accused of Mishandling Sexual Assault Reports Amid ‘Frat-Boy Culture’ (Oct. 12)
-This article explains how the culture and tone for WeWork can and has fostered a dangerous workplace for individuals who are accusing the company of sexual harassment and assault complaints and what this means for the company. (Fortune)
WeWork Investors Turned Off by 'Sloppy' IPO Filings (Oct. 7) -This article explains how the parent company of WeWork, We Co. misstated financials and omitted information about the company’s governance which was shown throughout their IPO filings which ultimately upset investors involved with WeWork. (Wall Street Journal)
Chastened WeWork Weighs Pullback in China (Oct. 1)
-This article examines challenges that WeWork is confronted with, especially their pressure and struggle to make money. Other challenges include lower-priced competition and the Chinese economy slowing down. (Wall Street Journal)
WeWork Still Needs Cash After Pulling IPO (Sept. 30)
-In effort to combat their cash burn out, WeWork will be selling extraneous buildings, laying off employees, and other luxuries the former CEO had previously purchased. This article examines how this could effect WeWork’s growth rate, which is expected to decrease after these changes. (Wall Street Journal)
WeWork's Adam Neumann Steps Down as CEO (Sept. 24)
-This article explains why Adam Neumann resigned and relinquished his control of WeWork after they lost backing from SoftBank which owns a third of their company. (Wall Street Journal)
Scott Galloway: "We work is arguably the most overvalued company in the world"(May 15)
-This article provides an educated opinion on WeWork’s valuation and why it is believed to be overvalued. (Business Insider)
Videos:
SoftBank to Boost Stake in WeWork in Deal That Cuts Most Ties With Neumann
-This video goes into detail about the company’s “risky business model” after they failed to present an IPO to investors and why the CEO, Adam Neumann stepped down. (Wall Street Journal)
Management expert weighs in on whether WeWork
-This video is a discussion with Jeff Sonnenfield, a senior associate dean for leadership studies at the Yale School of Management who comments on SoftBank since they are urging to shelve WeWork initial IPO. (CNBC Television)
-This video explains the health issue that WeWork has been confronted with in their phone booth stations and what this means for the WeWork company. (CNBC Television)
-This video explains the new store that WeWork created to give their members more freedom. This store known as the “WeWork Services Store” is supposed to offer a business services for the more sophisticated user of WeWork. (WeWork)
Long beach WeWork office tour
-This video offers a tour and visualization of one of WeWork’s locations in Long Beach, California. (HeatherJustCreate)