Alphabet commences Canadian layoffs
The cuts are part of Alphabet’s previously announced 6% staff reduction globally.
The cuts are part of Alphabet’s previously announced 6% staff reduction globally.
Cuts come after VerticalScope’s business deteriorated in Q4.
The layoffs come four months after Ada reduced its staff by 16 percent.
OpenText said it expects to cut the combined entity’s teams by 8 percent due to Micro Focus acquisition.
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PartnerStack, SSENSE, #paid, Shakepay, Venngage latest to cut staff.
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DeepMind said it’s maintaining its other Canadian locations in Montréal, Toronto.
Benevity joins Hootsuite, Lightspeed, Clutch, Clearco in significant staff cuts.
Clutch cut approximately 65 percent of its staff.
CEO: “When you have to pivot in COVID, that’s a challenging place to be.”
The cuts mark Hootsuite’s third round of layoffs in the last six months.
Lightspeed says layoffs aim to streamline operations, “unify” acquisitions.
Andrew Curtis now CEO as company hopes latest exec change will lead to cash flow break-even in 2023.
With cuts, GoBolt shifts focus away from SMBs to mid-market, enterprise merchants.