The full list of major US companies slashing staff this year, from Hasbro to Amazon

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Hasbro toy display
Hasbro is cutting around 20% of its workforce, its CEO announced. The company is facing continued slow sales even into the toy-heavy holiday season, he said.

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Meet the founder of the Failure Museum, an exclusive collection of swag from companies that went bust

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Sean Jacobsohn posing with hundreds of failed business items and toys
Sean Jacobsohn, a partner at Norwest Venture Partners, poses with items that are part of his Failure Museum collection.

Sean Jacobsohn

WeWork was doomed to fail by taking on huge buildings, rival says

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WeWork
WeWork's huge coworking spaces are a common sight in many city centers.

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SoftBank has lost more than $14 billion by betting on WeWork

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SoftBank founder Masayoshi Son once predicted neverending profit growth for WeWork.
A slide from a presentation given by SoftBank founder Masayoshi Son in November 2019, when he predicted never-ending profit growth for WeWork.

SoftBank

There's a new theory that Adam Neumann will buy back WeWork

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WeWork cofounder Adam Neumann

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We should all have the confidence of WeWork's bankruptcy announcement

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WeWork sign and Stuart Smalley
WeWork, like Stuart Smalley, believes it's good enough, smart enough, and doggone it people like it.

Sean Gallup / Getty / NBC Universal

WeWork's bankruptcy is the beginning of a broader collapse in zombie companies, Wall Street veteran says

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wework building facade
There are hundreds of zombie companies that risk facing the same fate as WeWork, according to one investment research firm manager.

Reuters / Kate Munsch

Nobody Wants to WeWork Anymore

Gizmodo

WeWork filed for Chapter 11 bankruptcy protection on Monday, listing nearly $19 billion in debts, according to Bloomberg.

Adam Neumann, the WeWork founder who became a business school case study in failed management, is 'disappointed' about its bankruptcy

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Adam Neumann
Former WeWork CEO Adam Neumann stepped down in 2019.

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Read the email the CEO of WeWork sent to US-based members as the company filed for bankruptcy

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The WeWork logo is displayed outside of an office space rental location in Santa Monica, California on March 20, 2023.
The WeWork logo is displayed outside of an office space rental location in Santa Monica, California on March 20, 2023.

Patrick T. Fallon/AFP/Getty Images

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