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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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Protect your company secrets!

Berkonomics

Variations on the theme… [Email readers, continue here…] You can expect to have the same attitude if a past employee resurfaces after a layoff, resignation or after being fired, with a plan for a competitive business – or as an employee of a competitor. What could you do if your company secrets are compromised?

Company 156
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SpaceX Chops 10 Percent Of Employees, Says Report

socalTECH

The report--from the LA Times--confirmed the layoff with the company, which said that Space "must become a leaner company" to continue to deliver for its customers. Hawthorne-based SpaceX --despite a continuing string of successful launches--is cutting 10 percent of its 6,000 employees, according to a report published on Friday.

SpaceX 113
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BetterWorks Goes From Feast To Famine With Layoffs

socalTECH

Now it appears that the firm is looking to pivot its model, and looking to figure out a better customer acquisition model. Just nine months ago, the firm had over fifty open positions , and Craig had huge expansion plans. READ MORE>>.

Layoffs 187
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Syndio, With Co-Founder In LA, Snags $7.5M

socalTECH

Syndio's software is used to analyze employee compensation in real time, determining how hiring, promotion, layoffs, and other factors change pay equity. The company says its customers include companies like Match Group, Adobe, Nordstrom, and others. The company's CEO is Maria Colacurcio. READ MORE>>.

Layoffs 113
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Blippar, Backed by Qualcomm Ventures, Calls It Quits

socalTECH

Blippar developed image recognition and augmented reality apps, which pulled interactive content from publications, brands, and objects, and had counted such brands as Anheuser Busch, General Mills, Heinz, and Conde Nast as customers. READ MORE>>.

Layoffs 133
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5 Strategies To Capitalize On Hard Times In Business

Startup Professionals Musings

It's far less expensive to nail down repeat business from your existing customers than it is to land new ones. Now is the time to reap the benefits of those good customer relationships that you've been cultivating. Viral marketing campaigns to lure new customers will cost you big money. Focus on your core competency.

Capital 93