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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. Get all the latest tech news straight to your inbox. Mass Layoffs Taking Place. The post Tech Companies Are Hiring Staff… Then Rescinding the Offers appeared first on Tech.co.

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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

In the short term you need customers to find you at any price, and in the longer term you need revenue, profit, and return loyalty. In my experience, even in startups, longer-term strategy often gets pushed off the agenda due to current challenges. Hone your process for due diligence and integrating these new elements.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

However, he did confirm to TechCrunch that he had to reduce staff due to the COVID-19 pandemic. Divergent 3D made Blade — which was on the auto show circuit in 2016 — to demonstrate the technology platform. It was enough to get the attention of investors and at least two global OEMs as customers. A core team remains, he said.

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Entrepreneurship Is A Compulsion, Not A Choice

InfoChachkie

In your own startup, you might experience lean times, but you never will be crushed in a stampede, like a middle-manager in a corporate layoff. When high-tech businesses, founded by appropriately educated entrepreneurs who received money from sophisticated investors are considered, the survival rates are even more encouraging.

Startup 243
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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

This money is administered by the SBA (small business administration) and is obtained through an approved bank who reviews your application. If you do massive layoffs (RIFs) you can assume that you will need to repay your loan since the intent of the loan is to protect jobs. The goal of the program is in the name?—?payroll

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How will you ride the next wave?

Berkonomics

We use gestures or our voice to control our engagement with our technology. It won’t be long before another round of layoffs comes, and these new tools will create new jobs to fill the gap. We will enable segmentation of the population to produce customized messages and actions. 62% look at online peer reviews.

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