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Some WeWork employees are now worried that they have a ‘black mark’ on their resumes



  • Some employees worry that their time at WeWork could be a “black mark”  on their résumés, according to a New York Magazine Intelligencer report Monday.
  • Sebastian Gunningham recently warned employees the next few months would be difficult, according to the report, and “that anyone who wasn’t interested in dealing with the transition ahead should probably consider getting out.”
  • Employees reportedly found out about Neumann’s replacement co-CEOs through a memo the day he left.
  • Visit Business Insider’s homepage for more stories.

Some WeWork employees are worried that having the company’s name on their résumés might act as a ” black mark against them,” following the recently postponed IPO and the departure of CEO and cofounder Adam Neumann, an article from New York Magazine reports. 

Job experience at WeWork, which until just a couple of months ago seemed destined for a blockbuster IPO, was supposed to be a résumé highlight. But now, as reports of the chaotic, alcohol-fueled culture at WeWork proliferate, employees are getting nervous that the experience could actually count against them as they look for new jobs, an executive told Reeves Wiedeman at New York Magazine’s Intelligencer.

WeWork’s Neumann presided over a company in which mandatory parties, nepotism and over-the-top behavior flourished, as detailed in an in-depth Business Insider report.  Now the office sharing company is trying to rehabilitate its image and impose financial discipline to staunch its financial losses.

“Thousands of people who worked tirelessly, because there’s no other way to do it there, are going to end up screwed financially because they took lower income to have more equity that has disintegrated,”one executive told Reeves Wiedeman at New York Magazine’s Intelligencer. Several employees reported using their savings to buy stock options, which could leave them financially ruined. Before leaving, Neumann had already cashed out more than $700 million of the company’s stock, The Wall Street Journal reported this summer.

Read more: Sex, Tequila, and a tiger: Employees inside Adam Neumann’s WeWork talk about the nonstop partying to attain a $100 billion dream and the messy reality that tanked it

On September 24, the day Neumann was ousted from WeWork, the new co-CEOs sent a company wide memo announcing their new roles in the company, Intelligencer reports.

According to the Intelligencer report, WeWork employees were divided about new co-CEOs Artie Minson and Sebastian Gunningham. Some were ready for a post-Neumann WeWork, but many wondered why the executives hadn’t done more to keep Neumann in check. CFO Minson, formerly a Time Warner Executive, joined WeWork in 2015. Neumann once referred to him as the “adult in the room.” Gunningham was vice-chairman of WeWork before taking on the new role.

Intelligencer reported that the most used reactions to the news on Slack were the WeWork logo, and emojis 😐, 😮, and 🙃. The co-CEOs said that they would act transparently, and that this was just the beginning, on a conference call with the entire company.

Read more:How WeWork spiraled from a $47 billion valuation to talk of bankruptcy in just 6 weeks

On a call with senior employees the next day, Gunningham warned anyone not on board with a potentially difficult transition that they “should probably consider getting out,” Intelligencer reported.

The WeWork employee concerns about their work history echo those of Uber employees at the height of its controversies a couple of years ago. In a 2017 Guardian article, a hiring engineer explained that he would be compelled to ask “pointed questions” to former Uber employees because of the reports of inappropriate office culture. 

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WATCH: Tucson deputy wrestles teenage quadruple amputee to the ground



  • The Pima County Sheriff’s Department has opened an internal investigation into a disturbing video obtained by KOLD News 13 in Tucson, Arizona that shows a deputy tackling a 15-year-old quadruple amputee to the ground.
  • The video was captured several months ago by another teenager in a group home, and when it was presented to the sheriff’s department by the news station, the department said it had no knowledge of the footage. 
  • In the video, the deputy can be seen entering the kitchen of a group home for minors. KOLD News 13 reports that the teenager had kicked over a trash can and verbally threatened a staffer at the home, where he has lived since being abandoned by his family.
  • The 15-year-old and the deputy can be heard yelling at each other in the video, and the deputy pushes the teenager into the ground and tells him to calm down before arresting them both on disorderly conduct charges. 
  • The deputy involved has been placed on administrative leave.
  • Visit Insider’s homepage for more stories.

A disturbing incident caught on camera at a group home for minors in Tucson, Arizona several months ago was brought to the attention of the Pima County Sheriff’s Department, which has now opened an internal investigation into the actions of the deputy shown in the footage.

KOLD News 13 reports that the police were called to the group home when a 15-year-old quadruple amputee, shown in the video shirtless and on the floor of the facility’s kitchen, knocked over a trash can and verbally threatened a staffer. The teenager has been living at the group home since being abandoned by his family.

The deputy, identified by the outlet as Manuel Van Santen, has reportedly been placed on administrative leave while the investigation is underway. A lawyer for the teenager said that he will likely pursue civil litigation.

When the officer arrived, at least two other people in the kitchen, including another minor, began filming the incident. The video was provided to KOLD News 13 by the Pima County Public Defender’s Office.

In it, the deputy can be seen verbally confronting the 15-year-old amputee while standing above him. The public defender in the news segment says the officer also threatened both him and another teenager who was filming.

Before going on to arrest both teens on disorderly conduct charges, the deputy can be seen forcibly wrestling the amputee into the ground. Later, he gets up and arrests the teen filming, pushing his head into the wall.

On Thursday, KOLD showed the footage to the sheriff’s department, and was told the department had not seen the video previously, nor was it aware of its existence. A representative of the department said a number of outcomes could occur as a result of the investigation, but did not specify further.

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2 students at Harvard went viral with an incredible campaign rap. Then they won the school’s election.

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10 car brands with the best resale value according to data



The automotive research firm has compiled a list of the 10 automakers that produce cars with the best resale values.

Toyota leads the list with cars that depreciate only 42.3% on average after five years of ownership. This is lower than the overall average of 49.6%.

“Toyota vehicles hold their value across all vehicle segments thanks to the brand’s reputation for reliability,” said Ly.

Of the 10 cars on the list, two — Dodge and Mitsubishi — fall above the average depreciation for all cars makes at 51.4% and 51.8%. However, these are still higher than the automakers that depreciate the most, including Buick at an average of 60.1% and Maserati at an average of 66.4%.

Dodge and Mitsubishi were included on the list because they are still among the top 10 lowest-depreciating brands in the overall rankings when compared to other automakers, according to Julia Blackley, the author of the study.

For the study, analyzed the prices of over 6.9 million new cars for the study from the 2014 model year also sold that year. These prices were compared to more than 800,000 used cars from the same model year sold between January to October 2019. The “used” prices were adjusted 7.9% for inflation.

Keep scrolling to see the other list of car brands that produce low-depreciating vehicles:

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AOC defends singer Taylor Swift and condemns private equity firms



  • Rep. Alexandria Ocasio-Cortez came to the defense of Taylor Swift in the singer’s fight for her old music, slamming private equity groups.
  • “It doesn’t stop at music,” the congresswoman continued. “For people w/ friends or family who worked in retail & suddenly laid off or hours deeply cut (Toys R’ Us, Sears, Sports Authority, etc) & sometimes stripped of severance, that goes back to PE as well. 1+ million jobs destroyed.”
  • On Thursday, Swift posted a lengthy statement on Twitter and Tumblr accusing music mogul Scooter Braun and Scott Borchetta, who founded her former label Big Machine Records, of impeding her upcoming performance at the American Music Awards.
  • Visit Business Insider’s homepage for more stories.

Rep. Alexandria Ocasio-Cortez wight in on Taylor Swift’s fight for ownership of her old music, defending the musician and attacking an opponent of her own: private equity groups.

“Private equity groups’ predatory practices actively hurt millions of Americans,” Ocasio-Cortez wrote in a tweet. “Their leveraged buyouts have destroyed the lives of retail workers across the country, scrapping 1+ million jobs. Now they’re holding [Swift’s] own music hostage. They need to be reigned in.”

“It doesn’t stop at music,” the congresswoman continued. “For people w/ friends or family who worked in retail & suddenly laid off or hours deeply cut (Toys R’ Us, Sears, Sports Authority, etc) & sometimes stripped of severance, that goes back to PE as well. 1+ million jobs destroyed.”

On Thursday, Swift posted a lengthy statement on Twitter and Tumblr accusing music mogul Scooter Braun and Scott Borchetta, who founded her former label Big Machine Records, of impeding her upcoming performance at the American Music Awards.

She also claimed that Braun and Borchetta are preventing her from using her old music in an upcoming Netflix documentary because it violates their agreement that Swift cannot re-record her old records until next year.

In the statement, Swift pleaded to private equity giant The Carlyle Group to help her in her fight, citing them as the company that “put up money for the sale of my music to these two men.” The Carlyle Group helped Braun and his company Ithaca Holdings fund the $300 million deal to buy Big Machine earlier this year. The firm could not be immediately reached for comment.

In response to Swift’s accusations, Big Machine Records put out a statement denying that they were blocking her from performing at the AMAs or from making the Netflix documentary. “We share the collective goal of giving your fans the entertainment they both want and deserve,” the statement reads.

Swift’s PR representative shot back claiming that Big Machine had “flatly denied” the request for the AMAs and Netflix doc.

This is not the first time that the progressive congresswoman has criticized private equity groups. Earlier this year Ocasio-Cortez joined Sen. Elizabeth Warren and other Democratic lawmakers to introduce “the Stop Wall Street Looting Act, a comprehensive bill to reform the private equity industry by holding private equity firms jointly liable for the debts of companies under their control and by requiring greater transparency in private equity firms’ practices.”

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