General Atlantic, a leading global growth equity investor, announced the opening of a new office in Miami, Florida, today. The Miami office is the firm’s fourth in the United States and its 16th internationally. General Atlantic, based in New York, opened its doors at 2340 Collins Avenue on Wednesday. It will be the company’s fourth … Read more
A Mississippi-based company that had grown to become one of the country’s top furniture manufacturers has laid off nearly its entire workforce. According to the Northeast Mississippi Daily Journal, around 2,700 workers, the most of whom live in northeast Mississippi, were laid off on Monday. United Furniture Industries sent an email and text message to … Read more
Nuro, the autonomous vehicle delivery startup backed by SoftBank, Google, and Tiger Global Management, is laying off about 300 people, or 20% of its workforce, in an effort to conserve cash amid a bleak economic outlook. Several Nuro employees also expressed their dissatisfaction with the layoffs on Twitter and LinkedIn this morning. Co-founders Jiajun Zhu … Read more
Carvana is cutting off around 1,500 employees, or 8% of its workforce, on Friday, following a rapid slide in the company’s stock this year, a weaker used vehicle market, and concerns about the company’s long-term future. The layoffs add to an increasing number of tech-related job cuts in the face of rising interest rates, persistent … Read more
In a new SEC filing, Roku stated that it intends to reduce 200 jobs in the United States as it braces for economic headwinds. The business expects to incur a non-recurring charge of $28 to $31 million as a result of the staff reduction, mostly due to severance payments, employee benefits contributions, other related expenses, … Read more
Asana, a provider of work management software, announced on Tuesday that it was laying off 180 employees or 9% of its overall personnel in order to reduce operational expenses. Anne Raimondi, the firm’s chief operating officer (COO), took to LinkedIn on Tuesday to declare that the company was lowering the number of its global workforce, … Read more
OfferUp, based in Bellevue, Washington, is laying off around 19% of its workforce, joining a growing number of software companies cutting expenditures in the face of an uncertain economy. “We grew headcount rapidly over the past few years — at a rate that outpaced revenue growth” OfferUp CEO Todd Dunlap said in an email to … Read more
According to Google, Truth Social, the social media app endorsed by former President Donald Trump, has been authorized for the Google Play Store. Truth Social will now be available for download on Android handsets via Google’s proprietary app store, following the company’s decision to establish stricter content filtering measures. Google had stated that Truth Social … Read more
The tech-hiring and news website is the latest venture-backed firm to reduce its workforce amid industry turbulence.
Palm Medical Centers, a portfolio company of MBF Healthcare Partners II, L.P. (“MBF”) and one of Florida’s biggest independent primary care medical groups, announces the inauguration of its 24th senior primary care clinic in Aventura, Florida. The new center, which is located at 16241 Biscayne Blvd., Aventura, FL 33160, began accepting new patients on September … Read more