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BetterWorks Goes From Feast To Famine With Layoffs

socalTECH

Now it appears that the firm is looking to pivot its model, and looking to figure out a better customer acquisition model. Just nine months ago, the firm had over fifty open positions , and Craig had huge expansion plans. READ MORE>>.

Layoffs 187
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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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Have you made the mistake of hiring too soon?

Berkonomics

become economic contributors to the bottom line, there is much to be said about consistent or improved service quality by having trained employees already on the front line when the customers want and need them. Although hiring early does add to overhead by bringing employees aboard before they.

Training 226
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Should Startups Announce Their Funding?

Both Sides of the Table

It makes it easier to persuade others to join you, it alerts other angels & VCs that you’re a company to be on their radar screen, it helps potential customers know that you may be worth doing business with and it builds you up to announce other milestones down the line. Should I Bundle it With More Juicy News?

Startup 355
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SpaceX Chops 10 Percent Of Employees, Says Report

socalTECH

The report--from the LA Times--confirmed the layoff with the company, which said that Space "must become a leaner company" to continue to deliver for its customers. Hawthorne-based SpaceX --despite a continuing string of successful launches--is cutting 10 percent of its 6,000 employees, according to a report published on Friday.

SpaceX 113
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Save Your Spin for Someone Who Cares

Both Sides of the Table

He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. But it got me thinking about how often entrepreneurs overplay their PR so I thought I’d try to offer some advice and how to play PR with VCs (or more broadly with customers or business development partners).

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Three questions to answer about your COVID response

Berkonomics

Are you salespeople making few if any sales because your prospective customers are distracted by their own problems? Act boldly to address painful layoffs, reductions in salaries, cuts in trade shows already contracted (even if cancelled or reset to the fall months.)

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