WeWork offered about 1,000 people a surprisingly good deal to move to a contractor then sent some of them a letter with another deal

This story requires our BI Prime membership. To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content. In addition to cutting 2,400 jobs last week, WeWork is also moving roughly 1,000 people on its janitorial and facilities staff off its payrolls by sending…

WeWork offered about 1,000 people a surprisingly good deal to move to a contractor then sent some of them a letter with another deal

This story requires our BI Prime membership. To read the full article,

simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

In addition to cutting 2,400 jobs last week, WeWork is also moving roughly 1,000 people on its janitorial and facilities staff off its payrolls by sending them to contract companies.Business Insider has learned the details of the job offers that cleaning staff received.The offer retains their current salary, seniority, includes benefits. But workers are still concerned about job security.Then, on Friday, WeWork sent a letter to some of these employees that work at select buildings and offered them a different deal: stay on the payroll until the end of February without coming into work.For more stories about WeWork, click here. In addition to cutting 2,400 jobs last week, WeWork is also moving roughly 1,000 people on its janitorial and facilities staff off its payrolls by sending them to contract companies like JLL, Unity, and ABM, sources tell Business Insider.Business Insider has learned more details about this offer, including who got it, who didn’t, and the reasonably good terms these contractor companies offered WeWork employees.We’ve also learned about a last minute letter WeWork sent to some of these employees telling them they could skip the new job offer and instead take a layoff package that would keep them on the payroll, without coming into work, until late February.Not a perfect deal — but offer letters matched salaries and seniorityMultiple sources said that the new offer letters matched employees’ WeWork salaries and kept their seniority intact. After questions from CNN about how WeWork would treat its year-end 401K match — it required employment at year’s end — the company also committed to issue a lump sum equivalent to the 401K match. It did not give that same offer to the 2,400 people it laid off in November, sources say.The contract worker deal wasn’t perfect. They were not guaranteed that they would be working at the same building locations or shifts, or informed if they would be mov
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