Bird has begun laying off 23% of its roughly 600 employees, TechCrunch reported on Tuesday. A Bird spokesperson told TechCrunch the scooter and bike rental company’s desire to speed up its effort to become profitable drove the layoff. Bird is also cutting “all non-critical third party spend,” the spokesperson said, without specifying which items that category included. Employees who are let...
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Meta Rehires Partnerships Executive After Vowing to Shrink Management
Meta Platforms CEO Mark Zuckerberg’ effort to cut back on middle managers isn’t stopping the company hiring more middle managers. Meta has re-hired a veteran manager, Nick Grudin, to oversee its relationships with media companies and other creators, just seven months after Grudin quit to join Dapper Labs, an NFT startup. Grudin will resume his old job, reporting to his previous boss...
Virgin Orbit Nears $200 Million Funding Deal
Amazon Tests Palm-Scanning Technology at Panera Bread
Toyota Phases Out Amazon Alexa in Vehicles, Explores ChatGPT
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