Peloton lays off hundreds of employees
Company also plans to close retail locations, warehouses
Source: hcamag.com
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Calm cuts 20% of staff, following its COVID-19 boom
Calm is the latest technology company to announce that it's laying off some of its employees. The firm decided to cut 20% of jobs after it saw a 30% decline in app downloads over the last year.
Source: neowin.net
Meditation app Calm lays off 20% of workforce
Calm CEO David Ko said the future of the business would be discussed at an all-hands meeting on Friday. The company was founded in 2012 and had about 400 employees.
Source: foxbusiness.com
Bike seller Peloton and meditation app Calm cut jobs
After pandemic success, exercise product maker Peloton and meditation app Calm slash jobs.
Source: bbc.co.uk
Smartfluence Closes $2.15M Seed Funding Round
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Source: finsmes.com