Twenty-one employees laid off could represent nearly one quarter of Calgary startup’s headcount.
Vendasta CMO: “Every tech company right now needs to be thinking about profitable growth.”
Another 87 “paperites” let go as EdTech startup aims for profitability.
Athennian CEO says changes part of company “preparing for its next level of scale.”
Plus: Do Canadian entrepreneurs take risks?
The EdTech startup’s founders said the decision was not made lightly.
NBA Top Shot creator lays off 51 people amid NFT market struggles.
Plus: FTX considers a reboot?
Plus: Walmart using AI to negotiate with vendors.
Roles have been terminated in Amazon’s PXT and cloud divisions.
Plus: AutoLeap gears up for growth with $40 million CAD Series B.
Over 500 jobs are expected to be created from the investment.
Worldwide cuts will impact AWS, PXT, advertising, and Twitch teams.
Remote employees are not currently entitled to same advance notice as office workers.
Plus: PayPal’s CEO to retire at the end of 2023.