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The story behind the story

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Reports: amid the pandemic, TripActions, Zeus Living, and Sonder have laid off one third or more of their staff; TripActions and Sonder are each valued at $1B+

Mary Ann Azevedo / Crunchbase News :

Crunchbase News Mary Ann Azevedo

Discussion

  • @crunchbasenews @crunchbasenews on x
    .@ZeusLiving, which provides furnished homes for business travelers, also slashed its staff by a reported 30%. And short-term rental provider @Sonder has laid off or furloughed more than 400 people, or more than one-third of its staff. https://news.crunchbase.com/ ...
  • @bizcarson Biz Carson on x
    Layoffs in the age of coronavirus: held entirely on Zoom “People were crying and people were panicking,” said one TripActions employee who was abruptly let go on the videoconference. “It was like 100 different videos of just chaos.” https://www.protocol.com/...