WeWork to divest all non-core businesses, reduce staff across ventures

WeWork to divest all non-core businesses, reduce staff across ventures

Coffee dispensers sit on a counter in a kitchen area at the Embarcadero WeWork Cos Inc. offices in San Francisco, California, U.S., on Thursday, Oct. 19, 2017. Photographer: Mike Short/Bloomberg

The We Company, owner of office-space sharing company WeWork, disclosed on Friday it will divest all non-core businesses and reduce headcount across its ventures as part of a 90-day plan.

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