Finance

WeWork's top communications executives are jumping ship as the company struggles to go public

WeWork Press Kit - Common Area in Coeur Marais
WeWork
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Overseeing public relations for WeWork is no easy task right now, with its S-1 filing panned as cultish and valuations that change week by week. 

The office responsible for telling that story has also seen its share of tumult, with two senior executives leaving recently. A company spokesman declined to comment, citing the firm's quiet period ahead of the initial public offering.

Read more: Now WeWork wants to be a manufacturer. The coworking company is opening a 200,000-square-foot New Jersey plant to make its signature aluminum and glass walls.

Last week, the firm's first communications hire, Jennifer Skyler, announced her departure. She'll join American Express next month as chief corporate affairs officer. 

Skyler ran WeWork's communications until April, when Jimmy Asci took over. Asci came from the advisory firm Teneo, where he was part of a team that worked with Uber's former chief executive Travis Kalanick. After Asci joined WeWork, Skyler transitioned to running CEO Adam Neumann's office, including his public-relations efforts. Skyler declined to comment on her departure from WeWork. 

In July, Dom McMullan, the firm's head of corporate communications, who reported to Asci, said he was leaving after three and a half years with the company. McMullan declined to comment and has not announced his next move. 

"He decided that it was time to go. He had been there for a long time," a source with knowledge of McMullan's departure said.  

Skyler and McMullan both left as WeWork was gearing up for an IPO that's seen a number of public missteps, including governance issues that the company worked to correct through a new filing last week and revised valuations. WeWork is now considering going public at a $10 billion to $12 billion valuation, well under the $47 billion valuation in its last round of fundraising.  

Have a WeWork tip? Contact this reporter via encrypted messaging app Signal at +1 (646) 768-1627 using a non-work phone, email atmmorris@jkmperu.com, or Twitter DM at @MeghanEMorris. (PR pitches by email only, please.) You can also contact Business Insider securely via SecureDrop.

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Meghan Morris
Meghan is the bureau chief in Singapore. She oversees business, lifestyle, and news coverage and leads the company's local hiring and editorial strategy.Singapore's bureau works on global news during Asia's daytime. They also collect tales from around the region about entrepreneurs, Big Tech work culture, FIRE, relocation, consumer trends, and AI, focused on people-centric storytelling.Before moving to Singapore in 2024, Meghan worked in NYC and SF as a senior correspondent, writing deeply-reported business investigations. If you have sensitive information, please email her from a nonwork email or reach out on secure messaging app Signal at @MeghanEMorris.1 (PR pitches only by email.)She enjoys speaking about tech, finance, and news on television, at conferences, and on podcasts. Please email for booking.These are some of her favorite features she has written over the years:She spent the 2022-23 academic year doing Columbia University's Knight-Bagehot Fellowship, where she took courses in statistics, advanced corporate finance, family office management, and other classes at Columbia Business School. During her fellowship, she also led MBA seminars on due diligence and brought Pulitzer-winning authors to the business school.Before she joined Business Insider in 2018, she wrote about private equity real estate for three years at the industry's trade magazine, PERE. Meghan holds bachelor's and master's journalism degrees from Northwestern University.