Tag: Layoffs

Techstars is laying off 17%, ending its J.P. Morgan-backed programs

Techstars is laying off 17% of its workforce and will end its $80 million J.P. Morgan-backed Advancing Cities Program once the fund is...

Bungie employees say they were caught off-guard by 17% staff reduction

Bungie, the gaming company that created sci-fi hits such as Halo, Destiny, and Marathon, has laid off 220 employees, roughly a 17% reduction...

Match Group cuts 6% of staff as it shuts down livestreaming in dating apps

Match Group announced Tuesday that it has discontinued livestreaming services in its dating apps, resulting in a 6% reduction in workforce. The news was...

Unit and Loop lay off staff and Brex ditches co-CEO model

Welcome to TechCrunch Fintech! This week, we’re looking at layoffs at BaaS startup Unit and car insurance company Loop, as well as Brex’s...

After 20 months of trying to raise funds, insurance startup Loop cuts staff

Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising.  Henry took...