A cannabis-tech startup backed by a behemoth investment firm let go of about 40 employees in March, Business Insider has learned.
Green Bits, a Silicon Valley-based software platform that provides point-of-sale and retail-management services to cannabis dispensaries in California and other states where the substance is legal, cut the workers on March 9 in an effort to reduce costs."This week, we made the difficult and painful decision to part ways with some of our colleagues.
In December, the company replaced its founding CEO, Ben Curren, with Barry Saik, a tech-industry veteran, and former chief operating officer at HealthTap,
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tech investors warn of recession's impact on startup funding and growth - Business Insider'A recession is inevitable': European investors and startups brace for cash drought and lower valuations amid coronavirus slowdown The US economy is strong. This will pass. All the Fake News and scare tactics will dissipate... Good. Clean out the trash. 🥺
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coronavirus: What a payroll tax cut is, and how it could impact you - Business InsiderThe Trump administration is pushing for payroll tax cuts in a coronavirus relief package. Here's what a payroll tax cut is, and how it could impact you. This will not help people who really need it. This is stupid. Only helps the riches. Same story as usual. It really makes me wonder how and why people of USA aren't pissed off about the current state of USA. Instead they seem to embrace the ponzi scheme aka stock market.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Oracle CEO tells employees to work from home due to coronavirus crisis - Business InsiderOracle CEO Safra Catz tells all of its workers, except for 'critical employees,' to work from home because of the coronavirus crisis
Source: BusinessInsider - 🏆 729. / 51 Read more »