Tag: Personnel
Twitch snags Spotify’s Tracy Chan as its new head of Product & Engineering for Music
Musicians have been quickly turning to Twitch to support themselves during the COVID-19 pandemic, as they’re no longer able to make money from live gigs and touring. Now Twitch is staffing up to turn this ad hoc use of Twitch into more of a formal product. The company today announced…
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Sales startup People.ai lays off 18% of staff, raises debt round amid COVID-19 uncertainty
Another startup has turned to downsizing and fund raising to help weather the uncertainty around the economy amid the global coronavirus health pandemic. People.ai, a predictive sales startup backed by Andreessen Horowitz, Iconic, Lightspeed and other investors and last year valued at around $500 million, has laid off around 30…
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Airbnb reportedly lays off contractors and cancels summer internships
Airbnb has ended its contracts with contingent workers early and postponed summer internships, Protocol reports. Contractors at Airbnb serve as property inspectors, home consultants are more. Contractors will reportedly receive no less than two weeks’ pay after receiving notice from their temp agencies. Airbnb will also reportedly delay hiring undergraduate…
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Unicorn layoffs keep piling up as the economy gets worse
Earlier today a grip of new data presented a sharply negative picture of the American economy. And this afternoon, news broke that a trio of well-known, heavily-backed unicorns were cutting staff. With stocks down as well, we’ve received negative signals from the private market, the public market and the economy…
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Layoffs are disproportionately impacting startup satellite offices
Layoffs have struck the startup world swiftly, hurting hospitality and travel startups, as well as recruitment and scooter companies. New data shows that some of those layoffs, brought on by COVID-19, might be disproportionately impacting satellite campuses. By nature, satellite offices are secondary to a startup’s headquarters. Opening smaller offices…
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Clearbanc cuts staff to navigate ‘long-term economic impacts’ of COVID-19
Clearbanc, a Toronto-based company that funds startups through equity-free investments, has laid off 17 employees to help it navigate the long-term economic impact of COVID-19, TechCrunch has learned. The cuts impact about 8% of the staff, with affecting roles ranging from office managers, recruiters, and sales. Co-founder Michele Romanow says…
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