He’d come for a raw look at the grim picture inside WeWork right now.
In late October, Son stepped in with a $9.5 billion rescue package, which for now has pulled WeWork back from the brink.
In an extraordinary meeting that would last close to four hours, Son huddled with executives from WeWork and SoftBank in a conference room, shades drawn, to map out a new course for WeWork.
Co-CEOs Artie Minson and Sebastian Gunningham presented Son and top lieutenants from across SoftBank’s global empire with details of the current state of WeWork’s operations.
Together, the goal was to map out a plan to turn WeWork around.
Of course, WeWork already has a “hot desk” offering: “It’s perfect for those who need flexible, 24/7 access to a coworking space, but not necessarily a private office, or even the same desk every day,” says WeWork’s marketing copy touting the service.
One source inside WeWork says a board meeting is planned Tuesday, and decisions regarding management changes will be determined then.