WeWork chairman enjoys Michelin-starred dinner after his company laid off 2,400 employees

WeWork Chairman Marcelo Claure shared videos of him enjoying a $100 pasta tasting dinner one day after laying off 2,400 employees during the holiday season. 

Displayed on his public Instagram story, Claure posted a photo of the Pasta Tasting Menu at the Michelin-starred New York City restaurant, Babbo. 

The restaurant’s website says the Pasta Tasting Menu is $110 per person and  accompanying wines charge $80 per person.  

WeWork Chairman Marcelo Claure shared a picture and video of his dinner at Babbo, a Michelin-starred restaurant in New York City 

The photo’s caption says, ‘pasta overdose,’ before segueing into a short video showing a variety of food-covered plates as a servers drizzles oil on one dish. 

Chairman Marcelo Claure (pictured) now controls WeWork with the technology investment company SoftBank

New York Times reporter Amy Chozick called out the chairman on Twitter, pointing out that just one day prior he laid off a massive chunk of employees – about 20 percent of his work force – on November 21. 

Although the job cuts were anticipated, jobless employees were left to console each other outside the New York office after being axed.

Others responded by downing shots of Fireball Whiskey as they waited to meet the human resources department about their exit packages. 

Recently laid off employees at the WeWork’s New York headquarters consoled each other outside the building 

On November 21, WeWork released around 20 percent of its workforce 

The lay offs are the latest decision by Japanese technology investment company SoftBank, which is providing a $9.5 billion lifeline package to resuscitate the quickly deflating company.   

Earlier this year, WeWork was reportedly worth $47 billion, but lost traction after the company filed to go public as critics blasted their financials and leadership. 

SoftBank, one of WeWork’s main investors, has also offered to pay former CEO and co-founder Adam Neumann $1.7 billion to depart from the company.

Under Neumann’s direction, WeWork was quickly diversifying into several fields -including setting up a school and running apartment buildings – without a solid trajectory for profits. 

SoftBank offered Adam Neumman (pictured) $1.7 billion to step down from the company after internal struggles

Pictured: Claure shared a message from an employee who praised his handling of the situation 

In a statement, a WeWork spokesperson said this move is in line with the company’s attempts at efficiency.  

‘As part of our renewed focus on the core WeWork business, and as we have previously shared with employees, the company is making necessary layoffs to create a more efficient organization,’ they said. 

Previously, SoftBank reportedly lost $8.9 billion on cash investments with WeWork and other startups in its first quarter loss in 14 years.

SoftBank CEO Masayoshi claims the loss is result of poor investments and ignoring problems found in WeWork. 

Layoffs began some weeks ago at businesses owned by WeWork in the U.S. and in other parts of the globe. 

SoftBank CEO Masayoshi (pictured) said that SoftBank experienced their first quarter losses in 14 years because of poor investments and oversights at WeWork 

On November 5, the first round of layoffs began and affected 25 percent of employees at Meetup, a social events app WeWork acquired.

Dozens more were laid off on November 7 form the Flatiron School, a coding bootcamp also owned by the shared-space startup. 

Workers were sent home for a three-months garden leave and an extra month’s pay. 

WeWork’s ultimate control now rests in the hands of Executive Chairman Marcelo Claure and SoftBank.