WeWork boss to walk away with $1.7bn after SoftBank rescue deal

Payout comes as US office-sharing company weighs up sacking about 2,000 people

WeWork’s co-founder Adam Neumann has reportedly signed a $1.7bn deal to step back from the troubled office rentals company he founded.

The move comes as the board of WeWork meets to consider a rescue plan worth almost $10bn (£7.7bn) from its biggest investor, Japan’s SoftBank.

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