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
It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S. In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability.
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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