News for hackers. Stuff that matters.

A comment on SoftBank-backed Zume Pizza to lay off up to 80% of its staff.

Re:SoftBank-backed Zume Pizza to lay off up to 80% of its staff by neonate on Tuesday January 07, 2020 @12:27PM (#21982136)
http://archive.md/PJ8Qr
[ Parent | on HN ]
Re:SoftBank-backed Zume Pizza to lay off up to 80% of its staff by achow on Tuesday January 07, 2020 @12:33PM (#21982216)
Interesting. CEOs have started fearing Softbank now?

CEO Alex Garden has restricted communication between his leadership team and SoftBank's investment team and other outside investors. Some sources speculated that Garden was trying to retain control of the negotiations due to concerns that SoftBank might try to make him step aside as part of additional funding.

[ Parent | on HN ]