Peloton to lay off 400 employees as CEO Barry McCarthy departs
Peloton, the exercise equipment maker, said it is laying off 15% of its workforce as part of cost-cutting measures. © 2024 TechCrunch. All rights reserved. For personal use only.
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Read more: Peloton to lay off 400 employees as CEO Barry McCarthy departs -
The feast and famine cycle of tech
Read more: The feast and famine cycle of techToday, we’re going over Zum’s $140M round, why Ramp is on an acquisition spree, and how the tech layoff season simply refuses to fade away. © 2024 TechCrunch. All rights reserved. For personal use only.
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Tech layoffs scale to three-quarter high
Read more: Tech layoffs scale to three-quarter highIt’s not hard to spot the human pain in the market today. © 2024 TechCrunch. All rights reserved. For personal use only.
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Security giant Proofpoint is laying off 280 employees, about 6% of its workforce
Read more: Security giant Proofpoint is laying off 280 employees, about 6% of its workforceProofpoint is laying off about 6% of its global workforce, or 280 employees, the company confirmed to TechCrunch. “This decision was not taken lightly, and it is deeply rooted in our forward-looking company strategy of aligning our investments an…
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Aurora Solar lays off 20% of employees after reportedly missing growth targets
Read more: Aurora Solar lays off 20% of employees after reportedly missing growth targetsThe SaaS startup, which provides software to solar installers, reportedly missed its growth targets for the past year. © 2024 TechCrunch. All rights reserved. For personal use only.
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EC AI, EC Newsletter, Enterprise, Layoffs.fyi, Startups, Tech Industry, tech layoffs, Tech News, The Exchange
Yes, the tech layoff surge you are feeling is real
Read more: Yes, the tech layoff surge you are feeling is realJanuary has thus far seen 23,670 known tech layoffs, sourced from 85 known reductions, and hitting tech shops big and small. © 2024 TechCrunch. All rights reserved. For personal use only.
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Discord lays off 170 people, blames growing too quickly
Read more: Discord lays off 170 people, blames growing too quicklyDiscord has become a mainstay for many online communities in recent years, but its relative success hasn’t shielded the platform from the financial woes plaguing the tech industry. Like other companies making sweeping cuts to their workforces thi…
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AI hardware, fintech woes and venture capital’s shedding phase
Read more: AI hardware, fintech woes and venture capital’s shedding phaseWelcome back to Equity, the podcast about the business of startups. This is our revamped Wednesday episode, and we’re going to be digging into critical startup and venture capital news. © 2023 TechCrunch. All rights reserved. For personal use only.
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creator economy, internet culture, Layoffs, livestreaming, Social, Tech Industry, tech layoffs, Tech News, twitch
Twitch is laying off another 500 employees
Read more: Twitch is laying off another 500 employeesAnother round of layoffs is hitting Twitch. The Amazon-owned livestreaming platform will cut 35% of its staff, or roughly 500 employees, Bloomberg reports, and will announce the reduction as early as this week. Twitch did not immediately respond to Tec…
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anthemis, Countdown Capital, Crypto, Equity podcast, Startups, Tech Industry, tech layoffs, Tech News, Venture
Are megafunds squeezing out small VCs and distorting the seed market?
Read more: Are megafunds squeezing out small VCs and distorting the seed market?Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, and today, Mary Ann Azevedo and Alex Wilhe…
