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Have you made the mistake of hiring too soon?

Berkonomics

Many executives and managers have made the mistake of using the financial and sales forecast to plan and execute hiring of new employees – so that they could be trained and up to speed when the demand arrives. Well, you may not be alone. The balance between preparedness and cost. Hiring when growth is steady or if unpredictable.

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Wag Buys Back Stake From SoftBank, Now Seeking Buyer

socalTECH

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. The company also is now seeking a buyer. READ MORE>>.

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Wag Buys Back Stake From SoftBank

socalTECH

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. Update: According to a spokesperson for Wag, who reached out to this publication, the company "is not seeking a buyer".

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Semtech Cuts Employees On Smartphone Weakness

socalTECH

Camarillo-based analog and mixed signal semiconductor developer Semtech said late Wednesday that it has cut its employee base by eight percent, as it looks to adjust to a decline in its revenues due to weak, Korean smartphone demand. Semtech said that the cuts mostly come from sales, general, and administrative expenses.

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