Basecamp, the maker of the eponymous productivity software, has instituted a new policy forbidding “societal and political discussions” among employees. It’s also ending “paternalistic benefits” such as a fitness stipend in exchange for cash payouts and a plan to share 10% of the company’s profits with its workforce. In a blog post , founder and CEO Jason Fried said that the benefits were...
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Instacart Cuts Staff, Curbs Hiring in Run-up to IPO
Instacart has been letting go of staff, slowing hiring and curbing other expenses as it heads toward a public listing, when the grocery-delivery company will try to convince public investors that it can maintain its growth—and make a profit—as the economy slows. The San Francisco startup over the last two months has fired some of its more than 3,000 workers after holding midyear...
Twitch’s Creators Chief Departs Amid Payout Cutbacks
Amazon Informs Employees It Miscalculated Raises
Google CEO Addresses Employee Questions about Cost-Cutting
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