Tag: layoffs
Bustle Digital Group lays off staff of The Outline as part of broader cuts
Bustle Digital Group, owner of a portfolio of digital media properties including Bustle itself, says it laid off two dozen staffers today. That includes eliminating the entire staff of The Outline, a culture site that it acquired a year ago. In a statement, a BDG spokesperson said the company will continue…
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Bird lays off about 30% of workforce amid COVID-19 pandemic
Bird is the latest startup hit by the COVID-19 pandemic. Today, Bird laid off about 30% of its employees amid the uncertainty caused by the coronavirus, TechCrunch has learned. “The unprecedented COVID-19 crisis has forced our leadership team and the board of directors to make many extremely difficult and painful…
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Tech’s coveted internships are getting canceled due to COVID-19
Victoria Stafford, a third-year student at UC Berkeley, was set to begin working at Yelp in June as a sales intern — the only internship she applied to. And then it was canceled because of the COVID-19 pandemic. “When I first read the cancellation email, I didn’t believe it. I…
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TripActions reportedly lays off hundreds amid COVID-19 travel freeze
The coronavirus demand crunch has taken another bite: Palo Alto-based corporate travel-focused unicorn, TripActions, reportedly laid off hundreds of staff yesterday. Per this post on Blind — written by someone with a verified TripActions email address — the company fired 350 people. Business Insider reported the same figure yesterday. While…
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Boosted lays off ‘a significant portion’ of team as it looks for a buyer
Boosted, the startup behind the Boosted Boards and, more recently, the Boosted Rev electric scooter, has laid off “a significant portion” of its team, the company announced today. The company is now actively seeking a buyer. Boosted attributes the layoffs to the costs of developing, producing and maintaining electric vehicles…
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Layoffs hit another Softbank co as $3.2B Flexport cuts 50
Fearing weak fundraising options in the wake of the WeWork implosion, late stage startups are tightening their belts. The latest is another Softbank-funded company, joining Zume Pizza (80% of staff laid off), Wag (80%+), Fair (40%), Getaround (25%), Rappi (6%), and Oyo (5%) that have all cut staff to slow…
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