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The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

There were, of course, those who used the opportunity to make a marketing push or pitch a story. A city might dedicate its shuttle service to transporting goods or essential personnel. Via isn’t the only company shifting its attention to emergency services. ” Layoffs in a time of COVID-19. Other deals: Qcraft.ai

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LivingSocial Shuts Torrance Facility, Cuts 400

socalTECH

In a major Los Angeles area layoff, daily deals and offers service LivingSocial is closing a sales facility in Torrance, and cutting 400 employees throughout the company, as part of a restructuring. livingsocial torrance layoff jobs employment daily deals restructuring marketing' READ MORE>>.

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Zumbox Shutting Down

socalTECH

Los Angeles-based Zumbox , a startup which had been looking to store and deliver information which normally would be delivered via mail in a digital form, is shutting down its services, as of next Monday, April 14th. zumbox postal delivery mail shutdown employment jobs layoff' READ MORE>>.

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5 Strategies To Capitalize On Hard Times In Business

Startup Professionals Musings

examines and analyses this entrepreneurial revolution to reveal critical lessons every Gen-Y entrepreneur and marketer must learn. Viral marketing campaigns to lure new customers will cost you big money. Past layoffs at big companies usually means more great employees on the market now for newer companies.

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5 Key Recovery Strategies Counter Economic Downturns

Startup Professionals Musings

examines and analyses this entrepreneurial revolution to reveal critical lessons every Gen-Y entrepreneur and marketer must learn. Viral marketing campaigns to lure new customers will cost you big money. Past layoffs at big companies usually means more great employees on the market now for newer companies.

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Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Things have already plunged so quickly at the signal of a recession that insiders fear a lengthy bear market could hit crypto far more brutally than expected — tearing tokens to lows far below the highs of the 2017 bull run. Welcome back to Chain Reaction. crash redux.

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Tech Companies Are Hiring Staff… Then Rescinding the Offers

Tech.Co

Tech companies like Coinbase, for instance – an exchange for blockchain -secured currencies like Bitcoin – reneged on offers due to “current market conditions and ongoing business prioritization efforts.”. Mass Layoffs Taking Place. The fintech firm has also laid off almost 20% of its workforce.