lays
- Technology
Crypto.com lays off about 20% of its global workforce citing the crypto downturn and the FTX implosion as reasons (Manish Singh/TechCrunch)
Manish Singh / TechCrunch: Crypto.com lays off about 20% of its global workforce citing the crypto downturn and the FTX…
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Sources: Tokyo-headquartered aggregator SmartNews, valued at $2B as of 2021, lays off ~120 people, or 40% of US and China staff, with more cuts to come in Japan (TechCrunch)
TechCrunch: Sources: Tokyo-headquartered aggregator SmartNews, valued at $2B as of 2021, lays off ~120 people, or 40% of US and…
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Alphabet's life sciences unit Verily lays off about 15% of its staff, or more than 200 employees, and discontinues work on several products (Miles Kruppa/Wall Street Journal)
Miles Kruppa / Wall Street Journal: Alphabet’s life sciences unit Verily lays off about 15% of its staff, or more…
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Supply chain software startup Flexport lays off 20% of its global workforce, or roughly 640 employees; the company was valued at $8B in February 2022 (Riley de León/CNBC)
Riley de León / CNBC: Supply chain software startup Flexport lays off 20% of its global workforce, or roughly 640…
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Scale AI, which helps companies label data for ML algorithms and was valued at $7.3B in Apr. 2021, lays off 20% of its staff; it had ~450 employees in Feb. 2022 (Kirsten Korosec/TechCrunch)
Kirsten Korosec / TechCrunch: Scale AI, which helps companies label data for ML algorithms and was valued at $7.3B in…
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Mojo Vision, which demonstrated a working prototype of its smart contact lenses in 2022, pivots to focus on micro-LED display tech and lays off 75% of staff (Ina Fried/Axios)
Ina Fried / Axios: Mojo Vision, which demonstrated a working prototype of its smart contact lenses in 2022, pivots to…
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Israel-based game developer Playtika lays off about 15% of its staff, or 600+ workers, and removes three titles from the pipeline; its stock is down ~53% YTD (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch: Israel-based game developer Playtika lays off about 15% of its staff, or 600+ workers, and removes…
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Airtable, a developer of cloud-based collaboration software last valued at $11B in 2021, lays off 254 staffers or around 20% of its workforce (Natasha Mascarenhas/TechCrunch)
Natasha Mascarenhas / TechCrunch: Airtable, a developer of cloud-based collaboration software last valued at $11B in 2021, lays off 254…
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