Sunday, May 3, 2020

The job cuts keep coming at WeWork

After this week's cuts, WeWork will terminate more jobs over the next month. The company also plans to permanently shutter its on-demand effort known as WeWork Now. https://ift.tt/2W03KGb https://ift.tt/eA8V8J

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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...