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  • WeWork IPO reveals company loaned millions to CEO Adam Neumann and other company execs

    WeWork loaned $7 million to CEO Adam Neumann in 2016, the company revealed in its initial public offering paperwork. Neumann paid back the loan in full in November 2017. The revelation comes after a report from The Wall Street Journal revealed that Neumann had purchased buildings and leased them to WeWork — raising questions about whether or not doing so was a conflict of interest. Read all of Business Insider's WeWork coverage here. Visit Business Insider's homepage for more stories.  WeWork,...

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  • Uber's top lawyer reveals how the CEO convinced him to join the company he'd previously said he would avoid (UBER)

    Uber general counsel Tony West wasn't always so rosy about his outlook on the ride-hailing company.  In 2017, West recalled saying to a colleague "Man, I'm glad I'm not the GC of that company." That all changed after a steak dinner with current CEO Dara Khosrowshahi. Now he's the company's top lawyer.  Visit Business Insider's homepage for more stories. In early 2017, Tony West, then the general counsel for Pepsi, had just finished a meeting with a member of his staff when he noticed a New York...

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  • Read the full email Uber CEO wrote to employees about why the company was laying off 400 workers (UBER)

    Uber fired 400 marketing employees this week as the company seeks to streamline some bloated departments. Morale had been low on the marketing team for months, other former employees say, leaving few surprised by the shakeup. In an email to all company employees, CEO Dara Khosrowshahi said the move wasn't about shrinking marketing, but about streamlining it after ten years of growth.  Read the full account of how the mass layoffs went down on Business Insider Prime.  Uber on Monday fired 400...

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