WeWork's Neumann Ousted

Last week, we mentioned that WeWork had pulled its IPO, and now, CEO Adam Neumann appears to be paying the price. WeWork's biggest investor, SoftBank, called for his ouster this past weekend, and today, Neumann announced he would be stepping down as CEO. Even though Neumann co-founded WeWork in 2010, investors apparently lost faith in him to lead the company going forward.