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Adam Neumann to Step Down As WeWork Chief Executive

Move Comes After Reports of Pressure by Top Investor SoftBank

Adam Neumann speaks during TechCrunch Disrupt NY in 2015. (Noam Galai/Getty Images for TechCrunch)
Adam Neumann speaks during TechCrunch Disrupt NY in 2015. (Noam Galai/Getty Images for TechCrunch)

Adam Neumann has stepped down as chief executive of WeWork as the shared office space provider works to save an initial public offering that has been postponed following weeks of criticism and concerns from top investors and analysts skeptical about the company's governance and future.

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