WeWork chairman posts extravagant dinner on Instagram one day after mass layoffs
Just one day after the startup laid off 2,400 employees, WeWork chairman Marcelo Claure was eating Michelin-starred pasta and sharing it on Instagram.
New York Times reporter Amy Chozick tweeted a screenshot from Claure's Instagram story: a photo of the $110 tasting menu from New York City restaurant Babbo with the caption "Pasta overdose" (accompanying wines with the tasting menu add an additional $80 per person). A screen recording tweeted by Business Insider reporter Benjamin Goggin shows a video Claure also posted of the lavish meal.
On Thursday, WeWork confirmed that it had cut 2,400 jobs about 20 percent of its workforce after a failed IPO attempt that caused its value to tank from $47 billion to about $8 billion.
This is not the first time WeWork has appeared tone-deaf in the handling of layoff announcements. Back in September, former WeWork CEO Adam Neumann somberly announced mass layoffs at an all-hands meeting, and then minutes later brought in Darryl McDaniels of hip-hop act Run-DMC to perform a set and passed around tequila shots to employees.
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