TechCrunch LA

JANUARY 26, 2022

“[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

CTO Hire Layoffs Commerce Email 197

socalTECH

MAY 17, 2012

A report today from PandoDaily said that Santa Monica-based BetterWorks has terminated all of its sales and marketing staff, and half of its operations team. Now it appears that the firm is looking to pivot its model, and looking to figure out a better customer acquisition model. READ MORE>>.

Layoffs 187

Layoffs Santa Monica Acquisition Report 187

Startup Professionals Musings

AUGUST 1, 2013

Seasonal sales fluctuations eat cash. Fluctuating sales means more inventory is required to cover the ups and downs. If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. On the other side, your new customers expect a free trial period.

Startup 114

Startup Sales Layoffs Slides 114

Startup Professionals Musings

JANUARY 17, 2016

Seasonal sales fluctuations eat cash. Fluctuating sales means more inventory is required to cover the ups and downs. If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. On the other side, your new customers expect a free trial period.

Startup 64

Startup Sales Layoffs Slides 64