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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

“[W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.

CTO Hire 197
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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Buying the Kik messaging platform adds another social media weapon to the arsenal for MediaLab and its chief executive, Michael Heyward. In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability. million in revenue for that calendar year.

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High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

Should we cut costs, do layoffs, close divisions and focus scare resources on fewer projects? We do lunch where everybody has a casual conversation followed by 6 hours of content and discussion. Some board members spend all of their time in the meeting on electronic devices doing email or even checking social media.

Startup 269
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Report: Buzznet Chops Staff

socalTECH

Hollywood-based, music-related blog and content firm Buzznet has reportedly cut employees, according to a report from Digital Music News. Buzznet operates an online social networking and social media site focused on music and bands, and is backed by Anthem Ventures, Interscope, Redpoint Ventures, and others.

Buzznet 100
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How will you ride the next wave?

Berkonomics

It won’t be long before another round of layoffs comes, and these new tools will create new jobs to fill the gap. There are thirty billion pieces of content shared on Facebook each month. The true value to us will be in analyzing unstructured data, estimated to be 80% of all data stored, from blogs, social media, pictures and video.

Mobile 156