Just one week after CEO Philip Moyer took to Linkedin to spin the company’s decision to axe 10% of its workforce, Vimeo is being sold off. The struggling… — Lew
This company has been in our sights for awhile… Carbon emissions auditor digital advertising middleman Scope3 is laying off an unknown number of employees, and a few are… — Lew
With a $7,500 tax credit set to expire this month and before the launch of its newer, cheaper SUV (the R2), Rivian is axing 200 employees (~1.5% of… — Lew
Rental car company sputters? Kyte falls out of the sky? What kind of metaphor should I have used to describe the spectacular bust of a company once touted… — Lew
Knives falls fast. Last night Super Micro was notified that it faces Nasdaq de-listing if it does not submit a “compliance plan.” That should be easy, they can… — Lew
Online whiteboarding tool Mira is dry-erasing 275 people from its workforce (18% of total) according to The Information. The company’s last valuation was 17.5 bil and has an… — Lew
Wow. In the strongest statement I’ve seen in a long time by an auditor, Ernst and Young has resigned as Super Micro Computer’s auditing firm saying that it… — Lew
Blaming the regulatory environment and congress, Consensys’ CEO announced a 20% layoff across their entire business — including the popular MetaMask crypto wallet. This will reduce its headcount… — Lew