WeWork – sorry, The We Company – is in freefall and has been since the disastrous attempt to be made public earlier this year. The S-1 request from the collaborating company revealed a whole lot of chicanery, usually in the service of enriching Adam Neumann, the founder and CEO. However, the bad behavior of Neumann has entailed enormous human costs: he had thousands of employees, and after an emergency takeover by SoftBank, the company's largest investor, their livelihoods are now at risk. (Neumann is running away from the flaming wreck with more than a billion dollars.) That's why some employees of We Company have decided to work together and demand that the company treat them humane through a major restructuring.
As the WeWorkers Coalition, the group sent one open letter to the management of their company that immediately recognized the grim reality of their situation and also the future of the company. “Thousands of us will be fired in the coming weeks. But we want our time here to mean something, & they wrote. “We do not want to be determined by the scandals, corruption and greed of the company's leadership. We want to leave a legacy that represents the true character and intentions of WeWork employees. ”This legacy includes requirements for a place on the decision-making table, more transparency and accountability, more diversity and more serious investigation into sexual misconduct, including reasonable requests.
If The New York Times reported this morning Marcelo Claure, the SoftBank director responsible for the We Company cleanup operation – he was appointed executive chairman and now responsible for the restructuring – responded to the letter with "an email indicating that he took their concerns seriously, but with little effect. "
Although the WeWorkers Coalition is not an official trade union, it is a collective expression of employee concerns, in line with recent collective efforts at other major technology companies such as Google and Amazon. The WeWorkers Coalition told the Times that they had received advice from employees who organize themselves in Kickstarter, who tried to form a union despite persistent opposition from management.
"We are not asking for this level of transplantation," is the letter from the WeWorkers Coalition, referring to Neumann & # 39; s overspayment. "We ask to be treated with humanity and dignity so that we can live while we seek to live somewhere else."
The WeWorkers coalition did not immediately respond to a mailed request for comment.