Earlier this week, online lending platform SoFi announced to its employees that, despite its successes in 2017, it will be laying off 65 employees (5% of its 1,300 workforce) in its mortgage-operations centers in Healdsburg, California and Cottonwood Heights, Utah. According to the Wall Street Journal,… Read More
Last year, Pebble hit Kickstarter for its new watch and surpassed its initial goal within just mere hours. By the end of its funding round, the startup gained $20,338,986 from 78,471 backers, which made its initiative the most funded project on the crowdfunding giant’s platform. The company previously found… Read More
Following the announcement that it has canceled its equity crowdfunding campaign on Crowdcube, Pact Coffee has confirmed it has made 16 redundancies. Pact Coffee, which was founded in 2012 by Stephen Rapoport, revealed that it is on a mission to change the coffee industry for the better… Read More
Following the announcement that Slava Rubin has stepped down as CEO of Indiegogo, the crowdfunding platform reportedly decided to lay off some employees as part of the restructuring process. While revealing details about the recent layoffs, Rubin commented in a recent email to VentureBeat: “A… Read More
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