Vendasta lays off staff after the pandemic spurred fast-pace growth
Vendasta’s teams are spread across Canada, India, and the US.
layoffs
Canadian tech companies continue to hire despite downturn – here’s an (incomplete) list
300 tech companies say they are still hiring in Canada.
F|T: The FinTech Times – Why Bank of Canada’s Ron Morrow says FinTechs “need to be ready”
Plus: Crypto firm FTX gets warning from FDIC to stop ‘misleading’ consumers about deposit protection.
Canadian startup news of the week (8/21/22)
Plus: Bank of Canada’s Ron Morrow says FinTechs “need to be ready”.
The Global Talent Stream needs streamlining
A four to six months wait is not a fast track anywhere.
H|T: The Healthtech Times – Truepill, Peloton, and Calm all make staff cuts
Plus: ByteDance Pays $1.5 Billion for China Hospital Chain in Health Foray.
How startups can survive a market downturn
Prepare for the worst, know your metrics, and make sure you hit “OK.”
Venture investment returning to pre-pandemic levels, shows Q2 2022 CVCA report
Institutional investors stay the course while family offices, high-net-worth individuals tread lightly.
R|T: The Retail Times – Groupon to focus on ‘mission critical activities’ following staff cuts
Plus: Alibaba reduced workforce by nearly 10,000 in three months.
A|I: The AI Times – D-Wave goes public after close of SPAC deal
Plus: Hyundai announces $400M AI, robotics institute powered by Boston Dynamics.
AlayaCare lays off 14 percent of employees, slows M&A plans
AlayaCare’s CEO said startup’s revenue growth has not followed its “aggressive investment.”
Canadian startup news of the week (8/14/22)
Plus: Framework Venture Partners secures $100 million USD first close for second fund.
Three Canadian companies actively hiring across the country
Ada, LifeWorks, and Scotiabank are hiring for senior roles right now.
Can FinTech help Canadian Muslims with financial access?
Culture, compliance, and regulatory roadblocks are leaving Canadian Muslims underbanked.
H|T: The Healthtech Times – How long term care in hospitals could become obsolete
Plus: 10x Genomics lays off approximately 100 employees.