WeWork India Offers Employees To Surrender Up To 25% Of Vested Stock Option
Listen to This Article
Co-working major WeWork India on Thursday announced that its employees are eligible to surrender up to 25 per cent of vested stock options.
"WeWork India is conducting its first-ever ESOP surrender exercise, offering employees the opportunity to make the most of their vested stock options," the company said in a statement.
"As a token of gratitude for the employees' commitment, efforts and faith in the company, team members associated with the company will be eligible to surrender up to 25 per cent of vested stock options," it added.
Karan Virwani, Chief Executive Officer, WeWork India said, the ESOP surrender is yet another step towards wealth creation and empowering people.
Over the last six years, WeWork India has expanded to six cities across 45 locations with a member base of over 62,000.
WeWork India is one of the leading office space providers, aimed at creating flexible workspace solutions for companies of all sizes.
HSBC Swings The Axe At UK Wealth In An AI Push
HSBC is preparing deep job cuts across its UK wealth management arm. It plans to cut about half of its management and sp... Read more
Kraken's Owner Buys A Bank: The Lines Are Blurring
Payward, the parent company of the crypto exchange Kraken, has agreed to buy a European bank. It would be the first digi... Read more
Revoluts Australian Banking Licence Game Changer
Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more
The AI Bank Is Coming, But Who Controls The Risk?
Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more