$967 million startup DataStax laid off 15+ employees last week — its third round of job cuts since its new CEO joined in October

The $967 million data management startup DataStax laid off about 15 employees last week, two sources told Business Insider. This is DataStax’s fourth round of layoffs in the past year and third since Chet Kapoor replaced Bill Bosworth as CEO in October 2010. DataStax was reportedly heading towards an IPO in spring 2019, but the year since…

$967 million startup DataStax laid off 15+ employees last week — its third round of job cuts since its new CEO joined in October

The $967 million data management startup DataStax laid off about 15 employees last week, two sources told Business Insider. This is DataStax’s fourth round of layoffs in the past year and third since Chet Kapoor replaced Bill Bosworth as CEO in October 2010. DataStax was reportedly heading towards an IPO in spring 2019, but the year since has been marked by management shake-ups and job cuts. Visit Business Insider’s homepage for more stories.

DataStax, an enterprise software startup valued at an estimated $967 million, laid off about 15 employees last week – its third round of layoffs in less than six months. DataStax builds data management software using Apache Cassandra, a popular open source database originally started at Facebook. In spring 2019, DataStax was reportedly heading towards a IPO, but the company has since faced a management shake-up and multiple cuts: This was the third round of layoffs since the arrival of new CEO Chet Kapoor in October 2019. The most recent layoffs
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