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RE: LeoThread 2024-11-04 21:34

in LeoFinance11 hours ago

Reverb
Reportedly eliminated 40 roles. The Chicago-based music gear marketplace was acquired by Etsy in 2019.

Luminar
Is reducing its staff by 30% as part of a new cost-cutting measure, CEO Austin Russell announced in a blog post. The cuts are largely made up of “non-technical” roles.

Notable Labs
Is eliminating 65% of its workforce and consultants and pausing a clinical trial of its cancer treatment as it aims to minimize expenses.

CrawTrawler
Is cutting 10% of its workforce, impacting roughly 40 employees. The company, however, said it will create 28 new roles as part of its new strategy.

ApplyBoard
Has eliminated 4% of its total workforce as it restructures its operations in Ontario.

Qualcomm
Will lay off 226 workers in San Diego later this year, according to a California WARN notice. The decision comes less than a year after the chipmaker let go of more than 1,250 workers.