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PayPal has been laying off workers to reduce costs | Engadget

[ad_1] PayPal has laid off workers in risk management and operations this week, according to Bloomberg. It’s the latest in…

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Sources: MainStreet, which helps SMBs find tax credits, is raising at a $200M valuation, down from a $500M last March, weeks after laying off 30% of staff (TechCrunch)

[ad_1] TechCrunch: Sources: MainStreet, which helps SMBs find tax credits, is raising at a $200M valuation, down from a $500M…

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Klarna's CEO tells employees the company is laying off 10% of its 6,500+ workforce, following reports that it was raising money at a reduced valuation of $30B (Mimi Billing/Sifted)

[ad_1] Mimi Billing / Sifted: Klarna’s CEO tells employees the company is laying off 10% of its 6,500+ workforce, following…

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By tweeting that the deal is on "hold", Musk is yet again committing "lite securities fraud" while laying the groundwork to walk away or renegotiate the price (Matt Levine/Bloomberg)

[ad_1] Matt Levine / Bloomberg: By tweeting that the deal is on “hold”, Musk is yet again committing “lite securities…

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Leaked recording: after laying off Better.com staff in December 2021, CEO Vishal Garg said the company "made $250M last year" but "probably pissed away $200M" (TechCrunch)

[ad_1] TechCrunch: Leaked recording: after laying off Better.com staff in December 2021, CEO Vishal Garg said the company “made $250M…

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