article thumbnail

Better, With Offices In Irvine, Gets Heat For Zoom Layoff, Insults

socalTECH

Venture-backed startup Better.com, which offers up an online mortgage service--and which has offices in Irvine--is getting widespread heat for its approach to layoffs--a three minute Zoom call, and the CEO's messages saying those laid-off employees were "stealing" from the company having allegedly working only two hours daily.

Layoffs 113
article thumbnail

Tech Companies Are Hiring Staff… Then Rescinding the Offers

Tech.Co

A number of tech companies have made the headlines this week for hiring new members of staff, only to rescind such offers before they start. A False Start. Sign up for Tech.co's newsletter today. Perhaps the most concerning thing is that this isn’t just restricted to startups, small or even medium-sized businesses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Topspin In Major Layoffs, Says Report

socalTECH

Los Angeles-based music software startup Topspin has laid off a "significant" amount of staff, according to reports , with a majority of the company''s staff getting the pink slip. The startup offered up web-based apps to help artists and labels reach their fans. topspin music media layoff jobs employment software'

Layoffs 147
article thumbnail

The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

I have started to publish a version of the newsletter on TechCrunch. I will repeat my appeal from last week: Maybe you’re a startup founder, a safety driver at an autonomous vehicle developer, a venture capitalist, engineer or gig economy worker. The on-demand shuttle startup raised $400 million, TechCrunch learned.

Layoffs 136
article thumbnail

Report: Tech Layoffs At Highest Level In Three Years

socalTECH

You may not see it here in Southern California's high tech sector--which has been booming, due to a surge of startup and accelerator activity--but apparently, the technology sector has seen its highest level of layoffs in three years, according to a report today. The number of cuts is apparently the largest, midyear total since 2009.

article thumbnail

High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

Here are some observations I have from this exposure: If a company moves from strength-to-strength with predictable outcomes, easy financings, low staff turn-over, limited competitive threats then the composition of the board probably doesn’t matter as much. In the best cases boards come together to help the company get through its trough?—?in

Startup 269
article thumbnail

Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times. Here's the rest. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? Here’s how to do it.

Layoffs 159