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Glossier, the popular beauty brand led by former blogger Emily Weiss, let go of 80 of its corporate employees today, according to an internal email obtained by Modern Retail. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.
He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Just notice how many VC emails you get after your TechCrunch article or after you were on stage at TC50. A good friend of mine was features on the front cover of the LA Times business section with a glowing article.
Should we cut costs, do layoffs, close divisions and focus scare resources on fewer projects? Some board members spend all of their time in the meeting on electronic devices doing email or even checking socialmedia. cash & unallocated stock options) Should we raise capital, from whom, how much and at what price?
It won’t be long before another round of layoffs comes, and these new tools will create new jobs to fill the gap. The mobile Internet – The latest major computing cycle [Email readers, continue here…] Over the last fifty years, the world transitioned from mainframe computing to mini-computers to PCs to the desktop Internet.
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