ConsenSys Confirms Layoffs, Projecting 13% of Staff at Startups to Be Cut

ConsenSys is laying off dozens more staffers, two people familiar with the matter tell CoinDesk......»»

Layoffs at the Milwaukee Democratic National Convention Host Committee resulted from difficulties raising funds in the current pandemic-damaged economy, said Milwaukee Mayor Tom Barrett. Barrett, who is the co-chair of the Host Committee with U.S. Re.....»»

GoPro Inc. announced Wednesday plans to lay off more than 20% of its remaining staff and cut out retailers from its sales as revenue reels from the spread of COVID-19......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Six Bay Area startups disclosed more than $300 million in new funding at the end of the week, while eight others cut hundreds of staff amid the pandemic-induced economic swoon. Here are the details on those stories and more: Cohesity Inc., San J.....»»

The San Francisco company is shedding almost half its staff......»»

The generous U.S. unemployment benefits rolled out to blunt the economic harm caused by the coronavirus could have an unintended effect: it may actually be an incentive for companies to choose layoffs rather than keep staff on their books......»»

Personal care and beauty store chain        Personal care and beauty store chain       .....»»

As layoffs hit the startup scene, Silicon Valley Bank on March 30 said it will offer hundreds of millions of dollars in debt relief, as well as loans, to help its startup-heavy client base during the coronavirus crisis. The banking subsidiary of Sant.....»»

The last train left from Miami at 5:50 p.m. and the layoffs reportedly impact workers from its operations department and management staff......»»

It's not the most hospitable time to be in hospitality. Beyond hotels and restaurant closures, venture-backed startups in the space are also beginning to contract in a big way as the coronavirus shuts down cities — and lodging opportunities — aroun.....»»

"I'm pretty terrible," Ryan Trimm said Friday, March 20. "We're we're about to lay off just about 95% of our staff today." The layoffs are the result of the coronavirus and the ensuing shuttering of Memphis restaurants. "It's pretty bleak in our .....»»

Nearly two dozen San Francisco hotels have temporarily closed as the coronavirus devastates the city’s tourism sector. Thousands of industry staff have been laid off or had hours slashed as hotel rooms sit empty across the city.   “What we'r.....»»

Chris Ehrmann/AP Photo COVID-19 is having substantial effects on the US workforce — many people are working at home, businesses are having to shut down, and employers are resorting to layoffs and furloughs. A.....»»

WeWork A fresh round of layoffs at WeWork could reportedly affect over 1,000 staff. According to anonymous sources cited by the Financial Ti.....»»

Norwegian Air will lay off staff and cut around 3,000 flights as the spread of the new coronavirus outbreak sends shockwaves across the travel industry......»»

HSBC Holdings PLC has sent home more than 100 staff in London after a worker tested positive for the coronavirus, the first known case at a major company in Europe's main financial hub......»»

One of Portland’s most ambitious CBD companies has laid off some of its staff, responding to a market made more challenging by a fuzzy regulatory environment, it said. The Oregonian/Oregonlive reported that Sentia Wellness Inc. laid off at leas.....»»

Forecast monthly cash, apply a tourniquet to your biggest bleeders, and accelerate revenue.....»»

Wayfair's excuse for layoffs was that the company wants to drive efficiencies. That is what most faltering retailers say......»»