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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. As part of the program, up to 30-minute rides will be free for members of critical workforces through April 30 in Austin, Denver, Los Angeles, the Washington D.C. Qraft didn’t provide the exact number; VentureBeat reported it is $24 million.

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Bird Cuts Five Percent Of Staff, Says Report

socalTECH

Santa Monica-based scooter rental service Bird has laid off approximately 5% of its full-time staff, according to a report on Thursday, in what has been attributed to an effort to "contain costs". The report said 40 people were laid off.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. The company said it will introduce ads “over the coming weeks” in order to “cover our expenses” of running the platform.

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Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Subscribe to Chain Reaction on Apple , Spotify or your alternative podcast platform of choice to keep up with us every week. Molecule , a platform where DAOs can back medical research projects, secured $13 million in seed funding led by Northpond Ventures.