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Ex-WeWork CEO Adam Neumann can be replaced by T-Mobile CEO John Legere



WeWork's former CEO Adam Neumann, whose erratic behavior and questionable management decisions led to him being pushed out of the company he founded, is a tough act to follow. Now SoftBank, the securities firm that essentially has control over the troubled employee startup, is considering a replacement with some similar unconventional features: T-Mobile CEO John Legere, according to a new report from the Wall Street Journal.

Doctors, who expect a huge payout when T-Mobile completes the acquisition of Sprint next year, have their own track record of controversial behavior – but nothing reaches the level of Neumann. The CEO is known for his peculiar Twitter personality and dress, for mocking critics and freely using the curse, and for public saving competitors (including WeWork's current executive chairman Marcelo Claure, who in turn called him a "con artist"). But unlike Neumann, Doctors have been credited with turning the financial success of their once struggling company into making it the fastest growing mobile operator in the United States. A spokeswoman for WeWork declined to comment. T-Mobile did not immediately respond to a request for comment.

WeWork hopes to replace its interim CEOs Artie Minson and Sebastian Gunningham as early as January; they have been running the company since September, according to WSJ. Currently, former Sprint CEO and SoftBank COO Marcelo Claure is steering the company through these changes as WeWork CEO. In a recent all-hands company, Claure said he would "dedicate a tremendous amount" of his time to WeWork until he believes "the company's going in the right direction."

If Doctors are considered WeWork & # 39; s CEO, that means Claure is really choosing his past competition to help remove the WeWork problem from his hands.

But lately Claure has had the choice word for Doctors, and vice versa. Here they are feuding on Twitter back in 2015 and 2016.

Whoever takes over WeWork will have their work cut out for them. WeWork, which was revived last month by a cash infusion from SoftBank, is still burning money thanks to the many new leases due to rent. And SoftBank's recent earnings report, which showed a Vision Fund operating deficit that funded WeWork, does not put those concerns at ease.

All this certainly does not help WeWork's ranking and file, which organizes to get a good deal when they expect layoffs of up to 4,000 people in the coming days.


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