According to a recent Vanity Fair bombshell report, it appears that President Trump’s son-in-law and chief advisor, Jared Kushner had some hands on assistance in crafting the enigmatic plan for the Middle East peace. The peace plan, which ostensibly focuses on having the Israelis and the Palestinians reach a permanent accord for long range serenity between the warring factions has not been rolled out, as of yet.
By: Carol Icksley
The delay is due, is no small part, to the fact that no new government in Israel has been cobbled together after two elections within the span of a year. A third election is in the works as longtime Israeli Prime Minister Benjamin Netanyahu faces criminal charges in a recently handed down indictment from Israel’s attorney general.
Vanity Fair has reported that the person who has purportedly been working with Kushner is none other than former WeWork CEO Adam Neumann. Earlier this year, Neumann was forced out of the company he built up that was valued by investors at $47 million. He left with a $1.7 billion golden parachute after WeWork faced bankruptcy. Vanity Fair reported that sources told the reporter that Neumann’s “egomaniacal glamour and millennial mysticism” led the former CEO to believe that he could solve “the world’s thorniest problems,” such as the protracted hostilities between Israel and the Palestinians.
In related matters, new executives and a hopeful, just-released five-year plan are designed to put smiles on the faces of those who have invested in WeWork.
Top management at the work-share company said they expect the firm to begin turning a profit in 2023, according to an insider report.
Newly named leaders include Maurice Levy, the one-time chief executive and chairman of Publicis Groupe SA, who takes over in the role of interim chief marketing and communications officer. A pair of execs from SoftBank Group Corp. — Ralf Wenzel and Mike Bucy come aboard as chief product officer and chief transformation officer, respectively.
“Marcelo Claure, the executive chairman, told employees that the current pair of co-chief executive officers, Artie Minson and Sebastian Gunningham, will stay on,” Crain’s New York Business reported. “In an apparent acknowledgment of the all-male group of leaders, Claure reiterated that the company would take diversity into account and add a female board member in the future. A spokeswoman for WeWork parent We Co. declined to comment.”
The company has shed management over the past several months, as its IPO became the butt of jokes. “The New York-based company received a rescue package from SoftBank, which will get a majority stake, and is in the process of cutting 2,400 jobs globally,” Crain’s added.
The WeWork story has proven a slow-motion train wreck that verges on low comedy. “The rise and catastrophic downfall of WeWork founder and former CEO Adam Neumann has been chronicled in gleeful detail across the international financial press in the wake of his company’s ill-fated attempt at a public offering — which resulted in disastrous revelations about the company’s mismanagement, its devaluation and, ultimately, Neumann’s resignation,” according to haaretz.com.
“But a new Vanity Fair article by Gabriel Sherman, titled “Inside the Fall of WeWork,” asserts that Neumann’s “millennial entitlement gone insane” and guru-like “egomaniacal glamour” extended beyond the business world and into the world of Middle East diplomacy,” the piece continued.
The company’s decline has even become grist for the mill of desperate presidential hopefuls. Sen. Elizabeth Warren “has blasted Adam Neumann’s $1.7 billion golden parachute, criticizing the WeWork cofounder and former CEO’s lavish leaving package as the troubled coworking startup prepares to slash its global headcount by about a fifth,” reported businessinsider.com. “WeWork is laying off 2,400 employees — while its founder walks away with a massive $1.7 billion golden parachute,” the Democratic presidential candidate tweeted on Friday. “This is another example of a rigged and corrupt system.”
