Tag: Personnel
BounceX cuts staff, reduces salaries in wake of COVID-19 economic disruptions
TechCrunch confirmed today that BounceX (the firm is rebranding this year) has executed layoffs and salary cuts in the wake of recent COVID-19-led economic disruptions. Many startups are undergoing staff cuts as the domestic and global economies slow, making individual reductions less newsworthy as the layoff tally rises. However, as…
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Paul Cormier takes over as Red Hat CEO, as Jim Whitehurst moves to IBM
When Ginni Rometty indicated that she was stepping down as IBM CEO at the end of January, the company announced that Arvind Krishna would be taking over, while Red Hat CEO Jim Whitehurst would become president. To fill his role, Red Hat announced today that long-time executive Paul Cormier has…
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As tech layoffs surge, some support emerges for those without a job
The massive surge of COVID-19-related layoffs has put tech in a unique position. While the startup world is facing layoffs itself, it is also trying to help get people back to work. Back at the end of 2019, the SoftBank-backed belt-tightening period led to a flurry of crowdsourced spreadsheets with…
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IRL pivots into virtual event calendar In Remote Life
What do you do if you’re an event discovery startup and suddenly it’s illegal to attend events? You lean into the cultural shift and pivot. Today, $11 million-funded calendar app IRL is morphing from In Real Life to In Remote Life. It will now focus on helping people find, RSVP…
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WarnerMedia’s new boss is former Hulu CEO Jason Kilar
Hulu co-founder and former chief executive Jason Kilar has been named the new chief executive of WarnerMedia . It’s the latest executive reshuffling at the AT&T-owned media giant, which saw its previous CEO, John Stankey, promoted to president and chief operating officer while still holding the media subsidiary’s reins. Stankey…
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Uber co-founder Garrett Camp steps back from board director role
Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve…
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