conductor, the WeWork-owned SEO tech company is said to be on the market. This was after WeWork’s IPO filing was called off. WeWork is under funding pressure, reports say.
Scheduled for sale by early 2020
According to a Fox Business article, the sale could be completed by early 2020.
“Although the value on the public market was not immediately clear, multiple potential buyers have reportedly expressed interest in the property. WeWork aims to complete the sale by early next year. It is said that there are
Was Conductor a good fit for WeWork?
WeWork cited the excellent compatibility between WeWork and Conductor when the acquisition was first announced in 2018.
“There are many reasons why WeWork and Conductor are a natural fit,” says Minson. “Seth and his team built Conductor to give customers the insight, education, and resources they need to be successful. will help.”
But a source with ties to Conductor, who spoke on condition of anonymity, said employees were unsure of the synergies between the two companies.
Here’s what I was told:
“I know there’s not a single person I’ve talked to since the acquisition that hasn’t scratched their heads as to why WeWork acquired Conductor in the first place.”
Conductor layoff not scheduled
TechCrunch reported layoffs across all lines of business, but Search Engine Journal heard from Conductor that there are no plans for layoffs.
Conductor is a popular company in the industry. I’m sure many wish you good luck.
