Some SoftBank executives have said the WeWork cofounder and former CEO's leaving package is too generous, Bloomberg reported.
Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank bosses seek to trim the $9.5 billion rescue deal they struck with WeWork last month, according to Bloomberg. Some SoftBank executives have said Neumann's leaving package — which reportedly includes $970 million from stock sales to SoftBank, a $500 million credit line, and $185 million in consultancy fees over four years — is too generous.
Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank bosses seek to trim the $9.5 billion rescue deal they struck with WeWork last month, according to Bloomberg. Some SoftBank executives have said Neumann's leaving package — which reportedly includes $970 million from stock sales to SoftBank, a $500 million credit line, and $185 million in consultancy fees over four years — is too generous.
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