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.
socalTECH
OCTOBER 8, 2018
In the filing, Evergrande says that a prior $800 million it provided to Faraday Future for 2018 was "basically been spent", and that it was manipulated into advancing another $700M.
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TechCrunch LA
OCTOBER 19, 2019
In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability. By 2018 that revenue was expected to top $30 million, according to sources at the time. The company filed registration documents in California in June 2018.
TechCrunch LA
APRIL 30, 2019
The company has yet to enter mass production five years after its launch, mainly as a result of a series of financial issues that have ended in layoffs, unpaid wages, furloughs, property selloffs and much more. Faraday had previously planned to begin production of the FF91 at the end of 2018… but we are still waiting.
socalTECH
MARCH 30, 2020
The company, which is led by CEO Ian Siegel, had been in the midst of an incredible expansion, having grown to more than 1,000 employees in 2018 among a strong job market. READ MORE>>.
socalTECH
FEBRUARY 13, 2019
The move comes even as Activions Blizzard reported record net revenues in 2018 of $7.50 Activision Blizzard CEO Bobby Kotick said that, although its financial results for 2018 "were the best in our history", the company "didn't reaize our full potential"--triggering the job cuts. bllion, up from the $7.02
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