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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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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. 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.

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Should Startups Announce Their Funding?

Both Sides of the Table

One of the advantages of blogging, using social media, public speaking, etc as a VC is that you get a more nuanced view of these shifts by watching your own successes and failures. But succinctly this press places a marker in the ground for your company. They help create confidence amongst your staff in your future.

Startup 355
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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

—The Institute for Clinical and Economic Review (ICER), whose drug-value analyses set the pharma industry’s teeth on edge , issued a new report on PD-1 inhibitors , part of the first wave of cancer immunotherapy drugs to be approved. . —The Nobel in Chemistry went to three scientists, in France, the Netherlands, and the U.S.,

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Xconomy’s Top Innovation Stories of the Half Year

Xconomy

Andrea Davis looks at company programs trying to boost the Hoosier State’s talent pool—and get more college grads to stay in the area. Layoffs Reflect New Turbulence at High-Flying 3D Robotics. Bruce Bigelow lays out the business challenges of drone companies such as 3D. and cognitive computing efforts in Austin, TX.

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Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

There was plenty more biomedical news this week, from a downsized IPO to downsizing companies, while ugly sexual harassment details emerged in Seattle. But as Xconomy reported, details about the reorganization were scant, leaving open questions whether drug regulation actually needs to move faster.

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What’s Next for American Workers as Trade, Automation Roil Manufacturing?

Xconomy

Last week, the other shoe dropped with reports that Ford will cut 10 percent of its global hourly workforce while holding on to the tech talent it has recruited in the past few years to work on electric and self-driving cars. Read more » Reprints | Share:

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