news 3 weeks ago
Can This Man Save WeWork? SoftBank Wants To KnowWochit Postables
T-Mobile CEO John Legere is in talks with imploding workspace and technology firm WeWork. Legere may fill the void left by Adam Neumann, when he took a reported $1.7 billion to leave his CEO position. Since Legere took the helm of T-Mobile in 2012, the company has boosted shares by 240 percent. It's also grown from the fourth-largest carrier in the U.S. to the third largest, becoming a legitimate competitor to Verizon and AT&T. It seems WeWork is hoping that Legere could also turn the company around. WeWork was salvaged last month when its largest shareholder, SoftBank, threw it a multi-billion-dollar life raft.