Nearly 70,000 Tech Startup Employees Have Lost Their Jobs Since March

Nearly 70,000 Tech Startup Employees Have Lost Their Jobs Since March (wsj.com) Posted by msmash on Friday July 10, 2020 @02:45PM from the closer-look dept. Technology startups have been laying off tens of thousands of workers to cope with the economic fallout of the coronavirus pandemic, potentially blunting a key innovation pipeline for the enterprise…

Nearly 70,000 Tech Startup Employees Have Lost Their Jobs Since March

Nearly 70,000 Tech Startup Employees Have Lost Their Jobs Since March (wsj.com)

Posted
by

msmash

on Friday July 10, 2020 @02:45PM

from the closer-look dept.

Technology startups have been laying off tens of thousands of workers to cope with the economic fallout of the coronavirus pandemic, potentially blunting a key innovation pipeline for the enterprise information-technology market, according to industry analysts. From a report: “Startups are a great source of innovation in the IT industry, but are n
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