Minted, a venture-backed startup that sells stationery, art and other goods through an online marketplace, has laid off 147 employees, following a collapse in sales due to the coronavirus, founder and CEO Mariam Naficy told The Information. The outbreak has had a devastating impact on sales of print invitations, which represent about half of Minted’s revenues. The layoffs include 76 corporate...
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Layoffs Hit Minted, a Benchmark-Backed Online Stationery Marketplace
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The Real CNN Drama is Cable News' Growing Irrelevance
To paraphrase Tolstoy, each unhappy TV channel is unhappy in its own way. And as illustrated by the leadup to the Wednesday exit of CNN’s CEO, Chris Licht, the cable news channel hasn’t been a happy place lately. That’s not likely to change now that Licht is gone. Beyond the gossipy drama behind his departure is the reality that CNN and its corporate parent, Warner Bros. Discovery, are both...
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