Masayoshi Son, WeWork Execs to Meet as Decisions Loom

SoftBank CEO Masayoshi Son plans to visit WeWork’s San Francisco office Thursday as the company’s senior leadership discusses decisions including potential layoffs of thousands of employees. The leadership team also is expected to consider a financial plan to present to the company’s board of directors in the coming weeks, people familiar with the matter said. 

Son isn’t on WeWork’s board, but is a key decision maker through his control of SoftBank, which owns about 80% of WeWork. His visit underscores how much SoftBank has come to take control of the office leasing company.