WeWork to hire T-Mobile's John Legere as new CEO

After SoftBank Group gave over $10 billion to take over WeWork, as well as a $1.7 billion payoff to its C-Founder to hand over control of the coworking company, talks have been made to bring in a new CEO.

WeWork is in talks with T-Mobile US Chief Executive Officer John Legere to take over as the head of the office-sharing start-up, the Wall Street Journal reported, citing people familiar with the matter.

The talks come weeks after SoftBank Group spent more than $10 billion to take over WeWork, including a $1.7 billion payoff to its Co-Founder Adam Neumann to relinquish control. WeWork did not immediately respond to Reuters request for comment.

SoftBank Chief Operating Officer Marcelo Claure became the Executive Chairman of WeWork parent The We Company, following the bailout by the Japanese firm.

Artie Minson, Chief Financial Officer, and Sebastian Gunningham, Vice Chairman, currently serve as the Co-Chief Executives of The We Company.

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