Silicon Valley businesses who made their living from tech industry events are suddenly staring at blank calendars and layoffs

  • 📰 CNBC
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Silicon Valley businesses who served the tech industry suddenly face blank calendars and layoffs

Joshua Weinstein and Basil Alsouqi, otherwise known as JungleJosh & RazzleBasil, are among a number of small-business owners who rely on the tech industry's parties and conferences and are now staring at blank calendars with no idea of when they will be able to return to their livelihoods.These business owners are stuck at home like everyone else, and they're trying to figure out how they can make money when live events are effectively banned.are a Las Vegas comedy duo.

"There's always another market to go to, and now we're just stuck at home and there's no place to go to," said Weinstein, who estimates that collectively he and Alsouqi have lost $27,000 in canceled gigs. "The whole world is shut down, and it's bumming us out. We're a comedy act. We like to be out and having fun."for tech events, including DJing, photography, videography, lighting and more.

"If this was something different where I knew that in two weeks if I became ill there was a ventilator for me and there was medical care … I would do it," Sofris said. "I'd like to work, but I'm not going to risk my health." Jordan Sofris is among a number of small-business owners who rely on the tech industry's parties and conferences and are now staring at blank calendars with no idea of when they will be able to return to their livelihoods.The sudden hiatus on events has forced many of these businesses to lay off employees, reduce salaries and tell their contractors they have no work for them.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

por indo andam os ILUMiNADOS d mal

Here is an informative video about Tech Giants in the financial space:

When the Wizards stop eating...

I'm a late starter what can I say.

Like everyone else...

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:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As COVID-19 Ravages The Restaurant Industry, Silicon Valley Pumps $8 Million Into This Dining And Takeout StartupWhen major cities around the world started shuttering their restaurants and bars, Allset cofounder Stas Matviyenko began to panic. Self serving vultures At least wait for the dust to settle Who will deliver once lock down occurs? I know we need their robots or perhaps gov will have to finally pass sufficient drone legislation! 🤔
Source: Forbes - 🏆 394. / 53 Read more »

From the Wing to ClassPass, startup layoffs ramp up - Business Insider10 startups, including ClassPass and TheWing, have begun cutting significant proportions of their workforces just this week startups investing Philippines Manila Tequila ✨🍹 DonAndJunEnterprise Investment Let us know,send your inquries now 📩
Source: BusinessInsider - 🏆 729. / 51 Read more »