Tech Investment Firm Disruptive Furloughed Two-Thirds of Staff Amid Cash Crunch

📆 2024/04/02 18:46:00
📰 BNNBloomberg

⏱ Reading Time:
26 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 50%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Disruptive, a technology-focused investment firm, furloughed roughly two-thirds of its employees as it grapples with a cash crunch caused by how it earns fees, according to people with knowledge of the matter.

Tech Investment Firm Disruptive Furloughed Two-Thirds of Staff Amid Cash CrunchPanama Canal Will Need Rest of Year to Recover From DroughtSLB to Buy Oilfield Service Rival ChampionX for $7.

5M targetBusiness leaders say housing biggest risk to economy: KPMG surveyCFIB says 200,000 small businesses took new loans to meet CEBA repayment deadlineThe Daily Chase: Cocoa hits record highUK Summons Israeli Ambassador Over Gaza Aid Worker DeathsBiden, Xi Spoke by Phone to Manage World Tensions, OpportunitiesRussian LNG Expansion Plan at Risk Due as US Sanctions Delay ExportsKidnapped YouTuber Who Paid $50,000 Ransom Is Still Unable to Leave HaitiEgypt’s Sisi Begins Third Term Buoyed by...

Write Comment

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:

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Firm announces $50M investment into new industry hub for northeast B.C.Buffalo transforming former Canfor pulp mill site in Taylor into logistics and infrastructure hub
Source: TerraceStandard - 🏆 24. / 68 Read more »

Toronto investment firm Delphia Technologies settles with U.S. regulator over ‘AI-washing’The company agreed to pay a $225,000 fine to settle with the SEC over misleading claims that it used AI to make decisions
Source: globeandmail - 🏆 5. / 92 Read more »