Around the Net
Startups Shed Nearly 4,000 Staffers Amid Pandemic
- CNBC, Wednesday, April 1, 2020 8:59 AM
CNBC estimates that nearly 4,000 jobs have been lost across more than 40 startups as a result of the COVID-19 crisis. “The job cuts underscore the far-reaching impact of the crisis and shows that once fast-growing businesses in Silicon Valley and beyond are not protected from the fall-out,” it writes. “More broadly, ‘More than 3 million Americans filed jobless claims two weeks ago.”
