SoftBank has formed a financing package comprising billions of dollars in equity and debt to take control of WeWork and gain a stronger hand in turning around the workspace company, sources say. SoftBank, which owns a third of WeWork, reportedly is negotiating to buy more shares based on a valuation significantly less than the $47 billion obtained in January.

Interviewing candidates by text is efficient and conveys a contemporary image of the company, employment attorney Erin Price writes. Price suggests devising a policy to guide the process and developing a plan for preserving communications.

Minneapolis startup Branch is working with employers to help provide benefits to their employees by extending paycheck advances through a company-issued debit card and account. CEO Atif Siddiqi said Branch wants "to provide hourly workers a strong start on their financial journey and offer services that help them improve their financial wellness and save."

Almost 80% of employees who come away from a performance review with negative feelings -- criticized, demotivated -- will seek a new job, according to research from Gallup. This article outlines four ways managers can provide effective feedback, such as by detailing specific areas where workers have been successful or where they need improvement.