R|T: The Retail Times – Market downturn hits Ritual, Bonsai, Sonder
Plus: Amazon is running out of people to hire.
Plus: Amazon is running out of people to hire.
All four plan to conduct a hiring spree amid a growing number of global tech layoffs.
The layoffs follow a $100 million Series B secured in 2021.
Tablz wants to monetize restaurant tables like airplane seats.
Plus: Jeeves launches venture capital alternative for startups.
Plus: Faire, ApplyBoard, 1Password says downturn won’t slow growth.
Despite present conditions, Faire hasn’t paused or slowed hiring, or made any layoffs.
As prospect of recession looms amid rising inflation, Ritual has laid off 23 employees.
E-commerce giant’s staff told to gird their loins.
Startup plans to open engineering hub, hire 50 to start.
CEO says ApplyBoard’s large cash reserves, “counter-cyclical” education market give startup room to grow.
Plus: Rohlik bags $231M as market cools on food delivery startups.
“Every time they’ve introduced something our business has gone up significantly.”
Plus: Google pays $118 million for underpaying women.
The CEO cited market volatility despite Bonsai raising $21 million this year.