Friday, April 10, 2020

Research tracking tech startup layoffs across the world since Mar. 11 finds 204 startups have laid off 16,229 employees, nearly doubling between April 2-8 (Mary Ann Azevedo/Crunchbase News)

Mary Ann Azevedo / Crunchbase News:
Research tracking tech startup layoffs across the world since Mar. 11 finds 204 startups have laid off 16,229 employees, nearly doubling between April 2-8  —  On Thursday, the U.S. Labor Department reported some staggering figures: the number of unemployment claims filed between March 15-April 4 surged to 16.8 million.



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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...