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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.

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

TechCrunch LA

I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. There were, of course, those who used the opportunity to make a marketing push or pitch a story. Ride Report creates software that enables cities to work with micromobility operators. ” Layoffs in a time of COVID-19.

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Activision Blizzard To Slash Almost 800 Employees

socalTECH

The move comes even as Activions Blizzard reported record net revenues in 2018 of $7.50 Santa Monica-based game developer Activision Blizzard says it is slashing 8 percent of its staff, or nearly 800 employees, as a part of a restructuring effort at the company. bllion, up from the $7.02 billion it had in revenues for 2017. READ MORE>>.

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Should Startups Announce Their Funding?

Both Sides of the Table

The problem is that this is publicly available information that can and will be scanned by journalists and reported. I’m only reporting to you that many people do in fact delay their filing and I’ve spoken with lawyers about how to do this in a way that they feel is kosher. When you file, you must be prepared.

Startup 355
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Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

But as Xconomy reported, details about the reorganization were scant, leaving open questions whether drug regulation actually needs to move faster. As drug pricing remains a national issue , Gilead set a price at $72,000 for a 12-week course, cheaper than Sovaldi and Harvoni, which includes sofosbuvir and a second medicine.

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10 Cash-Flow Surprises That Could Kill Your Startup

Startup Professionals Musings

Of course, you can’t predict everything, but writing down what you know will identify existing problems sooner, and allow other team members to help. If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. You can be on budget, and still run out of cash.

Startup 114
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Is Your Startup Growing Too Quickly For Cash Flow?

Startup Professionals Musings

Of course, you can’t predict everything, but writing down what you know will identify existing problems sooner, and allow other team members to help. If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. You can be on budget, and still run out of cash.

Startup 64