Joel Flory, co-founder and chief executive officer of Visual Supply Co. , speaks during a Bloomberg Technology television interview in December 2019. On Tuesday, Flory announced VSCO is laying off a third of its staff because of the coronavirus-fueled economic downturn.Joel Flory, co-founder and chief executive officer of Visual Supply Co. , speaks during a Bloomberg Technology television interview in December 2019.
"2020 was staged to be a year where we would continue to forward invest into our business. Overnight our environment changed. We realized that we would need to shift towards running a self-sustaining business," Flory wrote. VSCO joins more than 200 startups that, together, have shed more than 20,000 U.S. employees since the coronavirus pandemic started, according toOther recent startups dependent that have recently suffered blows from the coronavirus pandemic include reviewing website Yelp, which
I don't understand why this should necessarily change the company's business overnight. Aren't they primarily an online company?
They are are no longer a startup. They've been around for 9 years, and have finally uttered the statement, 'We realized that we would need to shift towards running a self-sustaining business.'
They want bail out money.
I thought this was KliffKingsbury
Who said they where a rival?
Sk-sk-sk-sk-sk!
Or maybe because nobody knows what the hell VSCO is or what they do.
Honestly didn’t know this existed until now.