Week in Restaurants: WeWork Shuts Down Spacious, Just Eat Rejects Another Takeover Bid
Have I got news for you: Today is the last day you can get a free burrito from Chipotle by entering a code into Instagram. Snack on that while you also chew on a few final bits of news that happene...
WeWork shutters its restaurant-based coworking subsidiary, Spacious, and lays off the entire staff of about 50 employees
WeWork is shuttering its coworking subsidiary Spacious and laying off all the startup's approximately 50 employees, the company confirmed to Business Insider on Thursday. Spacious CEO Preston Pesek announced the closure to employees at an all-hands meeting on Wednesday evening, a current employee told Business Insider.
WeWork is shutting down a restaurant coworking startup it acquired only 4 months ago
Uncovering and explaining how our digital world is changing - and changing us. WeWork is closing its restaurant coworking startup Spacious, after acquiring the company only around four months prior. It's the latest sign that the troubled company is cutting costs by offloading the plethora of business it rapidly acquired in the past few years.