The Spectacular Rise and Fall of WeWork

<p>It was one of the most valuable start-ups in the United States, with bold plans to revolutionize how and where people worked around the world. Today, we look at how the dream of WeWork crumbled — and explore the story of the man responsible for the wreckage.</p><p>Guest: <a href="https://www.nytimes.com/by/amy-chozick?smid=pc-thedaily" target="_blank">Amy Chozick</a>, a writer at large for The New York Times covering the personalities and power struggles in business, politics and media.</p><p>For more information on today’s episode, visit nytimes.com/thedaily. </p><p>Background reading:</p><ul><li>Adam Neumann had an inexplicably persuasive charisma and a taste for risk. Then he found a<a href="https://www.nytimes.com/2019/11/02/business/adam-neumann-wework-exit-package.html?rref=collection%2Fbyline%2Famy-chozick&action=click&contentCollection=undefined&region=stream&module=stream_unit&version=latest&contentPlacement=1&pgtype=collection?smid=pc-thedaily" target="_blank"> kindred spirit with an open checkbook</a>.</li><li>WeWork is preparing to eliminate at<a href="https://www.nytimes.com/2019/11/17/business/wework-layoffs.html?smid=pc-thedaily" target="_blank"> least 4,000 employees</a>, cutting nearly a third of its work force in an effort to staunch further financial losses. </li></ul>