WeWork co-founder Adam Neumann on the mic.
Image: David M. Benett / getty
By Jack Morse2019-09-18 20:08:55 UTC
Because when explaining massive layoffs to your employees, there’s nothing like a performance by legendary hip-hop artist Darryl McDaniels of Run-DMC to make it all go down easier.
So appeared to be the thinking of WeWork (since rebranded as The We Company) co-founder Adam Neumann who, at a 2016 all-hands meeting justifying the decision to layoff 7 percent of the company’s workforce in an effort to cut costs, brought out DMC to play a set for those lucky enough to still be employed by the newly penny-pinching business. And yes, the tequila shots flowed.
So reports the Wall Street Journal in what is, frankly, a bonkers recounting of the co-founder’s escapades over the past few years.
From megalomaniacal aspirations of becoming “president of the world,” to demanding the annual firing of 20 percent of The We Company’s staff, the 40-year-old Neumann is portrayed as a mercurial leader of a company currently valued at north of $15 billion.
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