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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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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

1 priority was to ensure long-term financial stability and secure the core team, technology development and customer programs no matter what the scenario, Czinger said, adding that there is still enormous uncertainty surrounding the real impact and duration of the COVID-19 pandemic. Divergent 3D has two global OEMs as customers.

Startup 251
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Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Crypto lending protocol Celsius isn’t fire burning, but it did freeze all customer withdrawals this past weekend , citing concerns about its own liquidity amid “extreme market conditions.” Tencent, Block back Indonesian fintech platform Flip with $55M Series B extension.

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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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6 Keys To Growing Your Career Through The Gig Economy

Startup Professionals Musings

To me, that means treating your career more like a business than a job – with a continual and global focus on keeping up with competition, finding customers, preparing for changes ahead, and taking responsibility for your own finances. Don’t wait for your next company layoff to get you started.

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Freelancers Are The New Entrepreneurs For Services

Startup Professionals Musings

Then your apps need to run on the new iPhone platform. Tomorrow, a similar change is likely to happen to sales personnel, customer service, even manufacturing and construction jobs. The days when these roles were stable careers for company employees are gone. Today we are seeing a rapid transition to independent specialists.

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Entrepreneurs Can Thrive on Services or Products

Startup Professionals Musings

Then your apps need to run on the new iPhone platform. Tomorrow, a similar change is likely to happen to sales personnel, customer service, even manufacturing and construction jobs. The days when these roles were stable careers for company employees are gone. Today we are seeing a rapid transition to independent specialists.