Tag: adi tatarko

Houzz lays off 155 employees, cuts executive salaries

Houzz, an online platform for home renovation and design, has laid off 155 employees, roughly 10 percent of its staff, per an internal memo obtained by TechCrunch. Executive salaries also took a cut. The company, last valued at $4 billion, confirmed the content of the memo in a statement to…

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Sequoia-backed Houzz scraps plan to create home goods in-house

Houzz, the home decorating startup backed by Sequoia Capital, has scrapped a plan that would have seen the company design and sell its own houseware. The plan, a pilot program called Private Label, was still in progress within the company, but given current market conditions, Houzz has set aside its…

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