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Layoffs
Despite Miro, Consensys downsizings, tech layoffs are at a 2-year low
October 31, 2024Business productivity startup Miro laid off 15% of its workforce. But mass layoffs in the startup world are happening much less often.Article
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Weekend Analysis
VC might be on the road to recovery—but staffing is not
July 12, 2024The VC industry is still seeing job churn even amid green shoots of recovery.Article
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Layoffs
Octopus Ventures lays off 16% of investment team
June 25, 2024London-based VC firm Octopus Ventures is laying off eight employees due to market conditions.Article
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People
VC investor headcount stalls after years of rapid growth
April 22, 2024Turnover at the largest US venture firms is rising, a sign that years of unchecked growth among investment teams may finally be at an end.Article
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Weekend Analysis
How to fire a VC
January 26, 2024‘Elegant exits’ and passive-aggressive signals trump layoffs in VC land.Article
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Agtech
Indoor farming unicorn Bowery hit with layoffs, steep valuation markdown
November 9, 2023Bowery is the latest unicorn to show financial stress as it faces a cash crunch and increased risk in its loans.Article
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PE Fundraising
At Carlyle, cost cuts loom after disappointing fundraising
November 6, 2023“Every single expense is on the table” at The Carlyle Group, which struggled to meet its own fundraising expectations in Q3.Article
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Blockchain
Playing games: How Mythical became a cautionary tale of the Web3 gaming gold rush
August 23, 2023Mythical Games was a Web3 gaming darling, raising over $300 million from big investors like Andreessen Horowitz. Then came layoffs, a lawsuit, and a down round.Article
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Layoffs
Exclusive: Trendy luggage brand Away quietly laid off chief commercial officer, 21 others
August 13, 2023Even before the VC downturn, several direct-to-consumer startups like Away were struggling to find a path to profitability.Article
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Agtech
Ynsect bags $175M, lays off staff as downturn hits agtech
April 16, 2023Insect farming startup Ynsect has raised about $175 million, but it has also been forced to lay off staff as the agtech sector focuses on profits.Article
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Private Equity
PE firms may slow down hiring in 2023, but layoffs are unlikely
November 28, 2022Executive recruiters and compensation consultants expect a slowdown in private equity hiring, but they don’t anticipate mass layoffs.Article
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Tech
Europe’s young workers become more disillusioned with tech
October 3, 2022Over half of European tech workers in their 20s are considering leaving the sector, according to a new report.Article
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Layoffs
Europe’s startups feel the pinch as Gorillas, Klarna cut staff
May 23, 2022European unicorns Gorillas and Klarna both announced layoffs, as VC-backed companies that saw major growth during the pandemic find themselves adjusting to a new reality.Article
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Layoffs
Investors bet on HR automation as potential boon amid mass layoffs
May 18, 2020In the midst of an economic downturn, venture capitalists are keeping tabs on what industries can thrive. Some investors are bullish on the future of HR automation.Article
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Airbnb
Airbnb lays off 25% of staff, narrows vision to focus on core business
May 4, 2020The vacation rental company’s CEO Brian Chesky told employees in a memo that its revenue forecast for 2020 is less than half of last year’s.Article
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Big Things
9 big things: Lost jobs litter the startup landscape
April 11, 2020A growing wave of layoffs and furloughs joins WeWork’s lawsuit, a rare IPO and crisis mega-funds in our recap of the week.Article
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Layoffs
WeWork’s smaller rivals are flashing warning lights
January 16, 2020Knotel’s layoffs are another sign that flexible leasing startups are scaling back after a decade of breakneck growth.Article
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Op-Ed
Tesla layoffs add to Elon Musk’s woes
January 21, 2019Within the past two weeks, three different companies created by Elon Musk have parted ways with portions of their staff—although the cuts were much less severe at one of the billionaire’s offspring.Article
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