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Online used-car marketplace Shift cuts workforce 30% following CarLotz merger
Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate duplicate positions following its merger with CarLotz, CEO Jeff Clementz said during an earnings call. The layoffs came as the company saw its revenue plummet in the fourth quarter and its […]
Online used-car marketplace Shift cuts workforce 30% following CarLotz merger by Kirsten Korosec originally published on TechCrunch
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Ramp reports 4x revenue growth, says it still has ‘vast majority’ of equity funding
2022 was a tumultuous year for many fintech startups. But for Ramp, it was a year of opportunity. The company shared today that it saw its revenue grow by 4x last year, buoyed by what co-founder and CEO Eric Glyman describes as a desire on the part of companies of all sizes and stages seeking […]
Ramp reports 4x revenue growth, says it still has ‘vast majority’ of equity funding by Mary Ann Azevedo originally published on TechCrunch