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- Venture-backed startups have begun laying off employees, as the coronavirus and the subsequent economic shutdown has wreaked havoc on companies large and small.
- Business Insider is keeping a list of running list of startups that are slashing headcount.
- Visit Business Insider's homepage for more stories.
Technology
Envoy, the Andreessen Horowitz-backed startup that sold software to Airbnb, Asana and Slack, just cut 30% of its workforce as a work-from-home era disrupted its pitch to revolutionize the workplace
See the rest of the story at Business Insider
See Also:
- A $10 billion SoftBank-backed startup quietly fired 110 people based on their performance. Some fired workers say it was basically impossible to close sales in the middle of a pandemic.
- Brex is letting its customers apply for federal small business loans during the coronavirus crisis, but has these key guidelines for any startup hoping to qualify for relief
- Silicon Valley startups are being forced to cut costs or die in the worst financial crisis in a generation. Here are the investors whose companies are feeling it the worst.
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