[ad_1] Checkr, a 10-year-old startup that offers employee background checks and was last valued at $5 billion in April 2022, has laid off 382 employees […]
Tag: cuts
Bumble cuts ~350 employees as dating apps face a reckoning
[ad_1] Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net […]
Byju’s says $200 million rights issue that cuts valuation by 99% fully subscribed | TechCrunch
[ad_1] Byju’s says its recently launched $200 million rights issue has been fully-subscribed, but the startup’s founder urged some of its major investors to participate […]
Meta cuts off third-party access to Facebook Groups, leaving developers and customers in disarray
[ad_1] The recent surprise announcement that Meta will soon be shutting down its Facebook Groups API is throwing some businesses and social media marketers into […]
Okta lays off 400 employees — almost exactly a year after last staff cuts
[ad_1] U.S. access and identity management giant Okta has said it is laying off approximately 400 employees, or 7% of its global workforce. The layoffs […]
Byju’s cuts valuation ask by 99% in rights issue amid cash crunch | TechCrunch
[ad_1] Byju’s, the world’s most valuable edtech startup, has cut its valuation ask by 99% in a rights issue it launched Monday as the Indian […]
Delivery startup Veho makes corporate job cuts | TechCrunch
[ad_1] Veho, a package delivery company, confirmed that it laid off 19% of its employee headcount, or about 65 jobs. As first reported by The […]
Chunk Foods secures funding, Latin America deal for plant-based whole cuts
[ad_1] Chunk Foods, a company making plant-based whole cuts of alternative protein, closed on another $7.5 million in seed extension funding amid a new strategic […]
Bitcoin spot ETF volume rose, Coinbase went to court, Solana Mobile announces new device and Google cuts crypto apps in India
[ad_1] Welcome to TechCrunch Crypto, formerly known as Chain Reaction. Alongside our regularly scheduled news bits, I’ll be testing out some recurring segments and features […]
Instagram cuts 60 jobs, eliminating a layer of management at the company
[ad_1] Instagram has cut 60 technical program manager positions, eliminating a layer of management at the company, according to a new report from The Information. […]