[bguillet]

The company itself and most importantly WeWork employees were harmed (some of them won't have a job soon, and were promised a huge IPO)

[chii]

As an employee it sucks, but an IPO was never a garantee, and it's not grounds for a suit.

As for job security, as long as any contractual severance package is honoured, there's also no grounds for a suit.

The way the system works is not in favour of an employee, and it ain't gonna be changing any time soon unfortunately. This is why working for yourself is the best option, and only use employers as a stepping stone towards that.

See https://mtlynch.io/why-i-quit-google/ - it's not different in Google or Facebook, and certainly going to be the same in WeWork.

[cowsandmilk]

> As an employee it sucks, but an IPO was never a guarantee, and it's not grounds for a suit.

Why not? Returns in any company are not a guarantee. Yet, you are allowed to sue as a shareholder. Owning shares in a company when it is private does come with less privileges, but certainly does not prevent a shareholder from suing the company.