CVCA CEO: Tech still needs influx of capital given possible investor pullback, even as liquidity concerns calm
Longer-term impact of SVB fallout has some in Canadian tech worried.
layoffs
R|T: The Retail Times – Amazonâs belt-tightening is causing concerns
Plus: Uber rumoured to spin off freight division.
Metaâs additional staff cuts further call into question Facebook parentâs Canadian hiring plans
Meta plans to shed 10,000 employees, scale back hiring in second major round of layoffs since November.
Venture funding surged in Québec and Alberta tech sectors over 2022, bucking national trend
Alberta and Québec investment increased by 89 percent and 21 percent, respectively.
Canadian startup news of the week (3/12/23)
Plus: Ten things worth reading on International Womenâs Day.
H|T: The Healthtech Times – AstraZeneca announces big Canadian expansion, hiring plans
Plus: BetterHelp barred by FTC from sharing data with Facebook.
Wattpad lays off 15 percent of workforce
Interim president says cuts come despite best efforts to limit economic impact.
S|W: The SaaS Weekly â Salesforce’s ‘one big family’ is showing cracks. Can Slack’s new CEO hold it together?
Plus: Not the first LastPass breach
Loopio, Reelhouse co-founders launch Barley to help make employee compensation easier, more equitable
Golden Ventures-backed Barley has raised $5.4 million CAD to date.
Toronto venture funding saw a âreturn to sanityâ in 2022
Toronto tech startups raised a collective $3.7 billion through 154 deals in 2022.
Canadian startup news of the week (3/05/23)
Plus: Canadian VCs had second highest year on record.
Lightspeed COO Brandon Nussey to depart in latest C-suite shakeup
The COO is the latest in a string of exec changes at Lightspeed.
How to build a diverse talent ecosystem for Canada
The race for tech talent is on, and itâs global.
Sonder lays off 14 percent of staff as it aims to become cash flow positive in 2023
Move marks Sonderâs second round of significant cuts since going public last year.
S|W: The SaaS Weekly â TikTok under investigation in Canada for data use
Plus: DOJ to block Adobe’s Figma deal?