Layoffs

Security compliance unicorn Drata lays off 9% of its workforce

Enterprise /

Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has laid off 9% of its workforce, amounting to 40 people. Founded in 2020, Drata integrates with dozens of clouds, SaaS apps, developer tools, security systems, and more, helping businesses collate the necessary evidence to prove that their data privacy and security […]

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Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion

Climate /

When is raising $14 billion not enough? When you’re a battery startup. Northvolt, Europe’s attempt at building a competitor to Asia’s battery manufacturing powerhouses, announced on Monday that it had halted work on a factory expansion and laid off 1,600 employees, or about 20% of the workforce. The company was planning to expand its Ett

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Bending Spoons plans to lay off 75% of WeTransfer staff after acquisition

Apps /

Italy-based app company Bending Spoons, which owns Evernote and Meetup, is planning to lay off 75% of the staff of file transfer service WeTransfer, TechCrunch has learned. Bending Spoons acquired the Dutch company in July for an undisclosed amount. The company confirmed the plans for the WeTransfer layoff to TechCrunch. The staff that is being

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X is hiring staff for security and safety after two years of layoffs

Security /

Nearly two years after the layoffs across X’s trust, safety and security teams, Elon Musk’s social media company is now trying to hire new employees to help moderate content and secure its platform, according to X’s official job listings.  In the last month, X posted two dozen job openings evenly split across its safety and

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