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May 6, 2022 · Over the past week, we’ve witnessed an alarming amount of layoffs across the startup ecosystem, from buzzy, big names like Cameo, OnDeck and Robinhood, to b2b platforms like Workrise and Thrasio.
- Robinhood’s sinking value is proof that ‘free’ can ... - TechCrunch
Following significant workforce reductions in 2022 and 2023,...
- The end of a second straight month of layoffs in tech
StockX’s second layoff. Shoe resale platform StockX, last...
- The tide is shifting on tech’s layoff wave. Kind of. | TechCrunch
Tech layoffs took over 2022 headlines. Recent data shows...
- Robinhood’s sinking value is proof that ‘free’ can ... - TechCrunch
- Niantic
- Byju’S Cuts Hundreds of Jobs
- Tesla Lays Off Nearly 200 Autopilot Workers, Shutters San Mateo Office
- Backstage Capital Cuts Majority of Staff After Pausing Net New Investments
- Stockx’S Second Layoff
- Substack Cuts 13 Employees
- Amount, Which Was Valued at $1B Last Year, Lays Off 18% of Staff
When Niantic released Pokémon Go in 2016, the company put itself firmly on the map as an AR and mobile gaming company to watch out for. The animal-collecting game earned $500 millionin just its first two months, making it one of the fastest-growing mobile games ever. Over the last six (!) years, the hype around the game may have died down, but its ...
Edtech business Byju rose to prominence over the pandemicas it both helped answer the demand for remote education and boasted the highest known valuation of any startup in India. This week Byju’s eliminated hundreds of jobs in recent days and pushed back on payments for a $1 billion acquisition that it announced last year, TC’s Manish Singh reports...
Tesla laid off the data annotation team working on Autopilot, its advanced driver assistance system, impacting nearly 200 employees. Alongside the workforce reduction, Tesla shut down the San Mateo, California office where Autopilot’s team worked. Reports Rebecca Bellan:
Backstage Capital downsized its staff from 12 to three people, managing partner and founder Arlan Hamilton said during her “Your First Million” podcast that was published last Sunday. The layoff comes nearly three months after Backstage Capital narrowed its investment strategy to only participate in follow-on rounds of existing portfolios. This wor...
Shoe resale platform StockX, last valued at $3.8 billion, has laid off 8% of employees, the company confirmed to TechCrunch. The Detroit-based company says it has raised over $550 million in known capital since its inception in 2016. StockX send the following statement in regards to the workforce reduction: This isn’t the first layoff that StockX h...
After walking back another attempt to raise venture capital, Substack is cutting costs by letting go of 13 employeeswho mostly worked in HR and writer support roles. “Our goal is to make Substack robust even in the toughest economic market conditions, and to set the company up for long-term success without relying on raising money — or, at least, d...
Amount, a fintech that reached unicorn status last year, has laid off 18% of its workforce, reports Mary Ann Azevedo. In a written statement, CEO Adam Hughes confirmed the percent impacted and said that “due to the current macro-economic environment, we have decided to take some proactive adjustments to ensure Amount’s ability to thrive for years t...
Oct 26, 2022 · Tech layoffs took over 2022 headlines. Recent data shows that the tide may be turning, which is great news for startup employees.
Technology publisher TechCrunch laid off around eight staff members Monday, part of a larger restructuring at the title as it seeks to refocus its coverage around the investors, founders and...
Nov 14, 2022 · The web browser and search startup confirmed to TechCrunch that 27 roles have been axed, but provided no explanation for the cuts.
- Mitchell Clark
2 days ago · In 2023: More than 191,000 workers in U.S.-based tech companies (or tech companies with a large U.S. workforce) were laid off in mass job cuts. In 2022: More than 93,000 jobs were slashed from public and private tech companies in the U.S.
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Nov 27, 2022 · The health testing and diagnostics company had four rounds of layoffs this year, including one for 175 people and another for 150, TechCrunch reported, saying the most recent was Sept. 29 ...
