Zillow has laid off about 300 employees as it is shifting focus towards technology-related positions in the company, ZebethMedia has learned from sources and confirmed with the company over e-mail. The Seattle-headquartered online real estate marketplace informed its impacted employees about the decision on Tuesday. Shortly after receiving the communication, the impacted employees had to […]
54gene co-founder and chief executive officer Dr. Abasi Ene-Obong has stepped down from his executive role, the African genomics company confirmed to ZebethMedia today. The three-year-old company has appointed General Counsel Teresia L. Bost as interim CEO. She will be supported by Chief Operating Officer Delali Attipoe, the company said. Ene-Obong, on the other hand, […]
Cerebral is laying off 20% of its staff, citing an ongoing push for efficiency at the digital health unicorn. A spokesperson for Cerebral confirmed the layoffs to ZebethMedia but did not share the specific number of employees affected. According to the WSJ, which first reported the news, and Insider, some 400 people will lose their […]
Musk has previously gestured at plans for layoffs if he were to buy Twitter, but those cuts could go even deeper than previously imagined. According to a new report from the Washington Post, Musk plans to purge 75% of Twitter’s workforce, or around 5,600 employees. If Musk’s vision for a much leaner platform comes to […]
Beyond Meat plans to lay off about 200 employees, or 19% of its workforce, according to a regulatory filing disclosed Friday. The company cited declining sales and said the layoffs are “based on cost-reduction initiatives intended to reduce operating expenses…and target cash flow positive operations within the second half of 2023.” Beyond Meat expects the […]
Clear Capital, a real estate valuation technology company and firm, is laying off 27% of its staff months after freezing mass hiring, ZebethMedia has learned from sources. A spokesperson for Clear Capital confirmed the layoffs to ZebethMedia but did not share the specific number of employees impacted. Last November, the company announced they had 1,400 […]
The startup’s CFO is departing to join Rippling, which recently entered the spend management space Mary Ann Azevedo 12 hours Corporate spend management startup Brex has laid off 136 people, or 11% of its staff, across all departments as part of a restructuring, the company has told ZebethMedia exclusively. After the layoffs, Brex has just […]
