Author: Ashley Carman
Photo by Amelia Holowaty Krales / The Verge
Kickstarter announced in an internal memo today that it’s likely going to lay off employees. CEO Aziz Hasan writes that the crowdfunding company has already seen a significant drop in crowdfunding projects being listed on the site, which is how Kickstarter makes its money. Projects are down by about 35 percent, the memo states, with “no clear sign of rebound.”
Conversations are now starting with Kickstarter’s union organizers about “potential layoffs.” Sixty percent of Kickstarter’s 140 employees are unit members, and they successfully voted to unionize in February this year, making them the first major technology company to do so.
“We must look more broadly at ways to restructure the business, including potential layoffs across teams...
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Continue reading...
Kickstarter announced in an internal memo today that it’s likely going to lay off employees. CEO Aziz Hasan writes that the crowdfunding company has already seen a significant drop in crowdfunding projects being listed on the site, which is how Kickstarter makes its money. Projects are down by about 35 percent, the memo states, with “no clear sign of rebound.”
Conversations are now starting with Kickstarter’s union organizers about “potential layoffs.” Sixty percent of Kickstarter’s 140 employees are unit members, and they successfully voted to unionize in February this year, making them the first major technology company to do so.
“We must look more broadly at ways to restructure the business, including potential layoffs across teams...
Continue reading…
Continue reading...