WeWork Sent Exit Package Terms: FT

WeWork Sent Exit Package Terms: FT

Assessment

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Business

University

Hard

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The transcript discusses a $17 million payout obligation related to the potential exit of WeWork's co-chief executives, Minson and Gunningham, each receiving about $8 million. This information is sourced from a Financial Times report, which highlights the possibility of significant senior management turnover at WeWork. The discussion also touches on the concept of golden parachutes, emphasizing the financial implications of executive exits.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total amount mentioned that needs to be paid out?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Who are the Co chief executives mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the exit packages mentioned?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the report from the Financial Times indicate about senior management?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is implied by the term 'golden parachutes' in the context of this text?

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