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Zenger
Zenger
Business
Priya Nigam

WeWork’s CEO Steps Down As The Company Struggles To Find Its Footing Seeking Profit

WeWork Adam Neumann Sandeep Mathrani Vikram Malhotra
The WeWork logo is displayed outside of an office space rental location in Santa Monica, California on March 20, 2023. Sandeep Mathrani has stepped down as CEO of WeWork as May 26 will be his last day. PATRICK T. FALLON/BENZINGA

Shares of WeWork Inc (NYSE: WE) declined on the heels of the shared workspace company’s announcement that Sandeep Mathrani was resigning, effective May 26.

WeWork is co-working space that is catered to start-up company and freelance workers who want an effective and productive environment.

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