WeWork Shows Absurdity of American CEO Compensation

WeWork Shows Absurdity of American CEO Compensation
AP Photo/Mark Lennihan, File

WeWork, the office space sharing startup that was once a darling of the tech world, is getting a multi-billion dollar bailout. Its business model is a shambles, and reports suggest that, before the bailout, WeWork was about to run out of money as soon as next week. Given the circumstances, you'd think WeWork's CEO and cofounder Adam Neumann would be shown the door in disgrace, for overseeing a company that's basically nosedived into the ground.

 

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