WeWork, More Like We Blew It

It’s been a wild ride for WeWork, the co-working space that aims to “be the ecosystem for your entire life.” After raising $14.2 billion in nine rounds of funding, starting 2019 with a valuation of $47 billion and filing for IPO just last month, recent events have caused folks to wonder if WeWork is in fact the world’s “last unicorn or a black sheep.” Just this month, WeWork’s valuation is rumored to have dropped as low as $10 billion and their CEO has resigned.

WeWork’s job listings have risen and fallen with its valuation and capital. LinkUp jobs data shows that in addition to WeWork’s valuation dropping 78% in 2019, its job listings have dropped 22% as well. It will be interesting to see how the company and its hiring evolve under new leadership, and if its IPO is still in the cards.

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