Columbus
Puget Sound Business Journal
Flexe lays off 'small handful of employees' weeks after $119M round
Seattle-based logistics company Flexe has laid off a small number of employees, the company confirmed to the Business Journal on Wednesday. According to a company spokesperson, Flexe made adjustments to its hiring plan and was slightly overstaffed, resulting in layoffs "to a small handful of employees on the recruiting team." The move comes just weeks after Flexe raised a $119 million Series D round and reached a value of more than $1 billion earlier this month.
Google is pushing pause on hiring for 2 weeks
The move comes about a week after the tech giant announced plans to put the brakes on hiring for the rest of the year. In this exciting series, the Puget Sound Business Journal will bring together exceptional women leaders in a variety of industries.
Flyhomes lays off 20% of its employees as housing market slows
Seattle-based real estate tech startup Flyhomes is laying off about 20% of its staff, a company spokesperson confirmed to the Business Journal on Wednesday. As of January, Flyhomes had roughly 820 employees, but the company didn't specify how many total employees were affected by the layoffs. The company raised a $150 million Series C round in June 2021, when co-founder and CEO Tushar Garg told the Business Journal Flyhomes had between 350 and 400 employees. In a LinkedIn post announcing the layoffs, the company cited rising interest rates and lower demand for housing as reasons for reducing staff.
Court records Leads - July 15, 2022
Discover if your customers, suppliers or competition are involved in litigation. Uncover any lawsuits or judgments that may put your business at risk, while also using the data to gain a competitive edge. Contact us to have a custom Leads search with full data delivered to your inbox weekly.
Here are six attorneys to watch
See our new monthly feature that spotlights some of the rising stars in the legal industry in the Puget Sound region. In this exciting series, the Puget Sound Business Journal will bring together exceptional women leaders in a variety of industries.
Puget Sound Business Journal
5K+
Posts
968K+
Views
The Seattle region's source for local business news, breaking news alerts, newsletters, business intelligence and local business networking. An American City Business Journals publication.
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.