WeWork CEO Adam Neumann on Tuesday announced he's stepping down as the company's CEO.
The decision came a week after the company decided to postpone its initial public offering and followed criticism about a series of eyebrow-raising transactions by Neumann involving the company and reports of his irresponsible or questionable behavior.
Removing Neumann could be a positive change for the company, but it doesn't solve WeWork's basic business problems.
WeWork is in real estate but has been...
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