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Wag Wraps Year with More Layoffs

L.A. Business Journal

Dog-walking application developer Wag Labs Inc. closed out a turbulent 2019 with another round of layoffs, according to a filing with the California Employment Development Department.

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Intuit Chops 120 In Woodland Hills

socalTECH

Financial software developer Intuit is cutting 120 employees in Woodland Hills, according to a state Worker Adjustment and Retraining Notification, part of a larger cut involving locatoins in Illinois, Virginia, and Arizona. financial finance software employment jobs layoff intuit' The cuts apparently are slated for September 15th.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

MediaLab said it has “some ideas” for developing Kik going forwards, including making the app faster and reducing the amount of unwanted messages and spam bots. In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability.

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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

. —Meanwhile, in the wake of the Mylan hearings, the Wall Street Journal this week was the latest outlet to record the animosity between drugmakers and pharmacy benefit managers , the middlemen who buy drugs in bulk for large employers and other insurance payers. KENDALL SQUARE UPS AND DOWNS. CLINICAL NEWS.

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Should Startups Announce Their Funding?

Both Sides of the Table

So in a world where you were trying to get the NY Times, the Wall Street Journal, the FT or whoever to pick up your story they were unlikely to run a story based purely on “Company X raised $2.2 People scoop company layoffs, mergers, key people leaving a company or being fired and the like. They seldom scoop fundings.

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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. Our call recovered and we spent the rest of the time talking about the development of their management team and their product. Put up your slide with the 5-6 logos of journals that have covered you.

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Culture Counts in Every Business, Large or Small

Startup Professionals Musings

Later authors have refined this definition to include a company’s character, its deeply entrenched perspective that influences the way that organization develops new ideas, weighs options, and responds to changes in its environment. There has never been a layoff nor a labor shutdown in their history. Lifetime employment is implicit.