A troubling startup layoff trend has emerged

We don’t need to tell you about the layoffs that are defining the tech landscape right now, concentrated particularly in late-stage companies that are struggling to raise extension rounds and grow into existing valuations. What we do think is important, though, is...

This is not (just) another roundup of tech layoffs

After a month that saw nearly 16,000 tech workers lose their jobs, June is off to a similar tumultuous start. Startups across all sectors, from healthcare to enterprise SaaS to crypto, are laying off portions of staff and citing, seemingly, from the same notes: it’s...

Tech layoffs top 15K in a brutal May

It’s been a rough month in the tech sector. We’ve rounded up week after week of layoffs, and according to aggregator layoffs.fyi, over 15,000 tech workers have lost their jobs this month. Hopefully the sun will come out in June. A number of tech companies that...

Omnipresent raises $15.8M Series A for its platform to employ remote-workers globally

Omnipresent, which helps companies employ remote-working local teams worldwide, has closed a $15.8 million Series A funding round. The fundraise was led by an undisclosed investor with participation from existing investors, Episode 1, Playfair Capital and Truesight...