Earlier this year, Neumann's new real estate venture, Flow Global, had submitted a bid of more than $500 million to take over WeWork and its assets, Reuters has reported. "For several months, we tried to work constructively with WeWork to create a strategy that would allow it to thrive," Neumann said in his statement to DealBook. Neumann did not immediately respond to a Reuters request for comment, while WeWork, once privately valued at $47 billion, declined to provide a statement.
Adam Neumann Ends Bid to Buy WeWork, NYT Dealbook Reports usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
While such anti-union sentiments are not uncommon among corporate leaders, this instance coincided with a notable surge in union-organizing activities within Amazon.
Amazon CEO gets light tap on wrist for violating labor laws theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.
A NLRB judge ruled this week that Amazon CEO Andy Jassy broke federal labor laws by suggesting employees would be less empowered and better off without unions.