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WeWork co-founder Adam Neumann steps down as CEO

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On Tuesday, WeWork released a statement announcing the decision amid scrutiny surrounding the company's "botched" IPO. WeWork, which facilitates shared workspaces, will now be led by co-CEOs Artie Minson and Sebastian Gunningham. The statement also said that Neumann will take on the role of non-executive chairman of the We Company, WeWork's parent.

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