SoftBank's WeWork takeover may cause Neumann's exit: Report

SoftBank acquiring a majority shareholding in the US-based WeWork may lead to Chairman Adam Neumann exiting the co-working space startup, Reuters has reported. Neumann, who stepped down as WeWork CEO last month amid a withdrawn IPO, may then reportedly be replaced by SoftBank COO Marcelo Claure. WeWork is reportedly accepting SoftBank's bailout package which values it at below $8 billion. #sutathu,#softbank,#wework,#neumann,#sexit,#startup

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