article thumbnail

Bird Dumps 400 Employees Via Zoom

socalTECH

The on-demand scooter company said it laid off 30% of its staff, saying "Layoffs are never easy or comfortable to do" and saying that the layoffs were done as a result of the COVID-19 pandemic. Santa Monica-based Bird reportedly let 400 of its employees go on Friday, via a pre-recorded Zoom meeting, according to a report.

Layoffs 124
article thumbnail

Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Without the promise of riches or with reduced interest in blockchain-based exclusivity, where will consumer demand go? Welcome back to Chain Reaction. This week, we’re looking at a new layer of crypto doom and gloom. crash redux.