Adam Neumann—Received $1.7 billion exit package while WeWork laid off thousands and later went bankrupt
· $1.7B
When forced out as WeWork CEO in 2019, Adam Neumann received a reported $1.7 billion exit package from SoftBank including $185M in consulting fees, nearly $1B in stock sales, and a $500M credit line. Meanwhile WeWork laid off approximately 2,400 employees. The company eventually filed for bankruptcy in November 2023 with $18.6B in debt.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Executive Compensation | -against | primary | -1.00 |
| Worker Rights | -against | secondary | -0.50 |
| Overall incident score = | -0.664 | ||
Score = avg(topic contributions) × significance (critical ×2) × confidence (0.59)× agency (reactive ×0.75)
Evidence (1 signal)
Confirms resignation Oct 22, 2019 verified
NYT reported Neumann's $1.7B exit package from WeWork
The New York Times reported that Adam Neumann secured a $1.7 billion exit package from SoftBank when forced out as WeWork CEO, including $185M in consulting fees, stock sales, and a $500M credit line.