WeWork to prioritise profit over growth, staff downsizing on cards

WeWork to prioritise profit over growth, staff downsizing on cards

Pedestrians pass outside a shared office space, operated by WeWork Cos Inc., in London, U.K., on Monday, Aug. 14, 2017. Photographer: Jason Alden/Bloomberg via Getty Images

WeWork will spend the next month putting together a plan that will prioritize profit over growth, executives said in a meeting with employees Wednesday.