Category: Startups

March 7, 2020 Startups | 445 views

These startups raised billions and then laid off thousands. Workers are shocked and frustratedpermalink

edition.cnn.com

Just a few months ago, discount hotel chain OYO seemed unstoppable. The India-based startup touted plans for global expansion and saw its valuation double to $10 billion in October. But in mid-January, the company began sweeping layoffs that have seen thousands lose their jobs. Last September, Fair.com, a car-leasing startup that raised nearly $400 million in a funding […]