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

TechCrunch LA

Glossier, the popular beauty brand led by former blogger Emily Weiss, let go of 80 of its corporate employees today, according to an internal email obtained by Modern Retail. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.

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Three questions to answer about your COVID response

Berkonomics

Raising money during this crisis will be almost impossible, even from friends and family shocked by the stock market declines. Email readers, continue here… ] DURING THIS CRISIS: Having no plan is like having a bad plan. Do you still need marketing costs when there is no-one out there buying new product?

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Tech Companies Are Hiring Staff… Then Rescinding the Offers

Tech.Co

Tech companies like Coinbase, for instance – an exchange for blockchain -secured currencies like Bitcoin – reneged on offers due to “current market conditions and ongoing business prioritization efforts.”. Please fill in your email. Mass Layoffs Taking Place. Get all the latest tech news straight to your inbox.

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BetterWorks Shutting Down On May 31st

socalTECH

According to an email from Craig, the company decided to close down the BettterWorks perk platform, and will not longer be active after next Thursday. Craig said that the shutdown came as a result of not being able to sustain a large enough market, relative ot the high cost of customer acquisition.

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High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

this requires a strong knowledge of market data, employee performance, company performance relative to market and available resources?—?cash Should we cut costs, do layoffs, close divisions and focus scare resources on fewer projects? I call these “filibuster” boards. I’ve seen both quite a bit.

Startup 269
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Body Language is Half of Business Communication

Startup Professionals Musings

That means that people who are addicted to text messaging and email may be sending only half the message, and receivers often misinterpret even that half. This total rate now exceeds 7 billion texts sent per day, according to a new mobile marketing website (more than one per day for every person on earth). Hand-to-face.

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Adam Scott | ScoreBig, Startups, and LA Tech

Tech Zulu Event

You got flash sales and group sales sites coming to us and basically have the same general business idea: shoot out a couple million emails to potential customers, saying they have tickets that are on sale. Marketing that our tickets are on sale is a huge problem and in the live entertainment/sport industry, that’s just bad.

Startup 79