WeWork co-founder Neumann nears settlement with Japan's SoftBank

WeWork co-founder Neumann nears settlement with Japan's SoftBank

FILE PHOTO: A WeWork logo is pictured in the Manhattan borough of New York City, New York, U.S., October 4, 2019. REUTERS/Carlo Allegri

WeWork cofounder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly $500 million cut in his payout from the office space-sharing company’s new owner, according to a person familiar with the matter.

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