Toronto company led by Dragon's Den star lays off a ton of staff

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Toronto company led by Dragon's Den star layoffs a ton of staff Toronto DragonsDen Layoffs

Romanow joined the cast of Dragon's Den in season 10, after founding Clearco in 2015 along with Andrew D'Souza, Charlie Feng, and Ivan Gritsiniak.On Monday, another 50 people or 26 per cent were laid off, bringing the tech company's workforce down to 140 people. Job cuts affected all areas and levels, and represented a sharp contract to the 500-person-workforce the company boasted just last year.

Back in 2021, Clearco achieved a valuation around US$2 billion, amid plummeting tech valuations and rising interest rates.found that over 1,000 global tech companies laid off over 150,000 employees in 2022. Two weeks into January, it has calculated another 104 companies making over 25,000 cuts.

 

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Still puzzled why a girl who grew up getting little ponies is pretending to be a business tycoon. Show one succesful venture where she did not take daddy's money and went all the way to public markets. It's embarassing that this is the kind of women we make an example of.

Very sad for those impacted, especially during these times.

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