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WeWork is diversifying with non-core businesses which include wave pool company

At the starting of this week, it was seen that SoftBank’s Masayoshi Son said in a statement that it was his mistake to think about investing in WeWork. Apart from that, too, he shared a three-step plan in which he believed to turn the fortune for the company.

But after all, this happens, it seems all estimation and calculation done by him gone in a wrong way. But now WeWork had said to be published a 90-day game plan. In it, the main aim of the company is to divest itself in the non-core businesses, and it too, includes the internal layoffs.

The game plan that the company announced earlier is here, which includes conductor, managed by Q, meetup, Space IQ, Teem, Wave Garden, and The Wing.

With all these things are coming inside the game plan, it seems that the company will be now focusing on the core business where it will sell all the shared office space. It too targeted with a more toward enterprises, and it will surely make up with 43 percent of total membership own by the company in it.

The deadline for the gameplan to be completed is scheduled for the 9th of January 2020, Saturday.

About the author

Mariella Frostrup

Mariella Frostrup

Mariella Frostrup has worked as a journalist for nearly a decade and has contributed to several large publications including the Yahoo News and the Oakland Tribune. As a founder and journalist, Mariella covers national and international developments.
You can contact her at Mariella@chroniclespr.com

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