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Disney Pays $43M To Settle Gender Pay Gap Allegations

Allwork

The lawsuit, filed in 2019 by LaRonda Rasmussen, claimed that female employees in similar roles were paid significantly less than their male counterparts. The settlement agreement, which has been filed in a California state court, still requires approval from a judge. Walt Disney has agreed to pay $43.3

2015 261
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WeWork Files For Bankruptcy, Shaking Coworking Industry

Allwork

previously a coworking industry titan, has filed for bankruptcy following a long string of financial struggles. filed for Chapter 11 bankruptcy protection in the U.S. The bankruptcy documents, filed in New Jersey, note more than $18 billion in debt. The company was worth an unbelievable $47 billion at its peak in 2019.

Filing 310
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WeWork Preparing to File for Bankruptcy Amid Massive Debt and Losses

Allwork

WeWork is reportedly preparing to file for bankruptcy as soon as the coming week, according to an insider, due to the company’s significant debt and considerable losses. The flexible workspace provider is contemplating filing a Chapter 11 petition in New Jersey, as per the WSJ’s sources.

Filing 163
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Financial Chaos Amplifies As WeWork Is Days From Filing For Bankruptcy

Allwork

WeWork is on the brink of filing for Chapter 11 bankruptcy protection, which could happen as early as next week. Following the Tuesday afternoon reports, WeWork’s shares plummeted by 37% in pre-market trading, according to CNN Business. During regular trading stock market hours this percentage reached over 40%.

Filing 148
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WeWork CEO David Tolley Steps Down, Cushman & Wakefield’s John Santora To Take Over

Allwork

The company once expanded rapidly but suffered massive losses due to expensive leases and a sharp decline in demand caused by the COVID-19 pandemic, which ultimately led to WeWork filing for bankruptcy protection in November 2023. The failed initial public offering attempt in 2019 also tarnished its reputation. Last month, a U.S.

2019 261
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States Losing (And Gaining) The Most Rich Young Professionals – 2022 Edition

Allwork

SmartAsset looked at the tax filings of people below the age of 35 who earn more than $100,000 to see where they packed up and moved to between 2019 and 2020, or at the onset of the COVID pandemic. The post States Losing (And Gaining) The Most Rich Young Professionals – 2022 Edition appeared first on Allwork.Space.

2022 246
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WeWork Files to Go Public

Small Business Labs

WeWork released its S-1 this week, which is the legal document a company files prior to going public.  Because of this interest, the S-1 filing is getting a lot of attention.   The S-i reports that: Q2 2019 membership of 527,000, up from 268,000 at the end of June 2018 and 401,000 at the end of December 2018.

Filing 123