Ear­li­er this week, SoftBank’s Masayoshi Son said that it was a mis­take to have invest­ed in WeWork, and shared a “sim­ple” three step plan to turn around the com­pa­ny, which includ­ed dump­ing side busi­ness­es that aren’t prof­itable. Well, it seems like that might be hap­pen­ing soon, as WeWork has pub­lished a “90-day game plan” that divests itself of those non-core busi­ness­es and includes inter­nal lay­offs, as first report­ed by CNBC.

Here are the busi­ness­es that WeWork says it is going to get rid of. One is a com­pa­ny that makes wave pools.

Con­duc­tor, a dig­i­tal mar­ket­ing plat­form Man­aged by Q, which makes soft­ware to help office teams hire ser­vice providers Meet­up, which helps peo­ple meet up for var­i­ous activites Space IQ, which makes soft­ware that helps com­pa­nies man­age phys­i­cal work­spaces Teem, which makes con­fer­ence room book­ing tech­nol­o­gy Wave Gar­den, which builds wave pools with “game-chang­ing arti­fi­cial wave tech­nol­o­gy” The Wing, which makes co-work­ing and com­mu­ni­ty spaces for women

Here’s the full game plan, if you want to read it your­self. It seems the company’s new focus will be its core busi­ness of sell­ing shared office space — though appar­ent­ly tar­get­ed more toward enter­pris­es, which make up 43 per­cent of the company’s “total mem­ber­ships” right now.

Don’t miss this slide, which throws some seri­ous shade at oust­ed co-founder Adam Neumann’s attempts to expand WeWork from 2017 until now:

Image: WeWork

Some WeWork employ­ees seem to be antic­i­pat­ing the lay­offs, as this week, a group call­ing them­selves the WeWork­ers Coali­tion sent an open let­ter to com­pa­ny man­age­ment demand­ing to be part of deci­sion-mak­ing at the com­pa­ny and more trans­paren­cy and account­abil­i­ty from the com­pa­ny. Marce­lo Clau­re, the new exec chair­man at WeWork, appar­ent­ly respond­ed, but “did not acknowl­edge the work­ers’ request for a meet­ing,” accord­ing to The New York Times.

The first page of WeWork’s investor deck is dat­ed Octo­ber 11th, so assum­ing the clock start­ing tick­ing then, the dead­line for the com­ple­tion of the “game plan” is Sat­ur­day, Jan­u­ary 9th.


WeWork founder will get near­ly $1.7 bil­lion to let Soft­Bank take over his com­pa­ny I got a con­tact high just read­ing this bananas pro­file of WeWork’s founder Pho­to by Justin Sullivan/Getty Images

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