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A comment on Mobility startup TIER is laying off 16 percent of staff.

Re:Mobility startup TIER is laying off 16 percent of staff by mccorrinall on Tuesday August 23, 2022 @07:16PM (#32572851)
Did softbank and goldman stop throwing money at them?
[ Parent | on HN ]
Re:Mobility startup TIER is laying off 16 percent of staff by ReflectedImage on Tuesday August 23, 2022 @09:05PM (#32573786)
The venture capitalists have changed the metrics they are evaluating companies with due to the current economic climate.

Hence a lot of big companies now need to do layoffs to meet those new metrics.

It sounds kinda of silly, but it's what's going on.

[ Parent | on HN ]