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WeWork CEO Adam Neumann resigns

WeWork CEO Adam Neumann resigns

Adam Neumann, the co-founder of US office-sharing start-up, WeWork has decided to step down as the CEO of the start-up. Neumann has also decided to give up his majority voting control. Following a plunge in the start-up’s estimated valuation, SoftBank Group Corp and shareholders of WeWork turned against Neumann, which led to his ouster.

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