The Vision Fund, a venture capital arm of SoftBank, has launched a sweeping layoff process, cutting at least 30% of its workforce globally, or approximately 150 of the 500 employees, […]
layoff
Trending topics and news from the layoff category
Back to news homeStripe has laid off employees behind TaxJar, a tax compliance startup it acquired last year
Stripe has laid off some of the employees who support TaxJar, a tax compliance startup that it acquired last year, TechCrunch has learned from multiple sources and firsthand documentation. The […]
Malwarebytes lays off 125 employees citing ‘strategic reorg’
Cybersecurity giant Malwarebytes has laid off 125 employees, or about 14% of its global workforce. News of the layoffs began circulating on LinkedIn last week, with former employees sharing that […]
A troubling startup layoff trend has emerged
We don’t need to tell you about the layoffs that are defining the tech landscape right now, concentrated particularly in late-stage companies that are struggling to raise extension rounds and […]
Backstage Capital cuts majority of staff after pausing net new investments
Backstage Capital has downsized its staff from 12 to three people, managing partner and founder Arlan Hamilton said during her “Your First Million” podcast that was published Sunday. The layoff […]
What do you call the opposite of the startup halo effect?
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. Just as one company’s success shouldn’t cast […]
Startup layoffs, the art of reinvention and a MasterClass in change
Just as one company’s success shouldn’t cast a halo on its vertical’s brethren, one company’s layoffs don’t quite mean that its competitors are equally screwed. Instead, I think that changes […]
India’s CityMall cuts 191 jobs following $75 million fundraise in late March
Social commerce CityMall, which unveiled a $75 million financing round in late March, is cutting 191 jobs, the latest Indian startup to eliminate roles as it looks to better navigate […]
Layoffs hit crypto and real estate tech particularly hard this week
Hey Siri, when does a “macroeconomic downturn” become a “recession”? It’s another bleak week for startups weathering dismal tech stocks and even worse cryptocurrency prices. But let’s start with some […]
Social app IRL lays off 25% of team, says it has enough cash to last well into 2024
“We have all seen the state of the market,” IRL CEO and co-founder Abraham Shafi wrote in a company-wide memo where the social app announced it would be dramatically cutting […]