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aVenture is in Alpha: During this preview period, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to provide early access to our data to showcase the product as we build, but you should not yet rely upon it alone for your investment decisions.

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Intercom Lays Off 10 Percent of Staff Amid Economic Downturn

From Business Post

By Business Post

June 1, 2022

Intercom Lays Off 10 Percent of Staff Amid Economic Downturn

Intercom laid off approximately 10 percent of its workforce in 2022, affecting roles across the company. CEO Eoghan McCabe cited the broader economic downturn and a need to focus resources on the companys AI strategy as key factors in the decision.

Most Recent

Neil Rimer thinks the AI money is coming back out

Neil Rimer thinks the AI money is coming back out

Neil Rimer, the venture capitalist who co-founded Index Ventures, predicts the historic wealth AI is generating in Silicon Valley will have to be redistributed, voluntarily or involuntarily.

Jul 17, 2026

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models for coding.

Jul 17, 2026

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

The potential deal highlights a growing trend of complex, multi-stage funding rounds that mask true entry prices.

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Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Ryan Beiermeister, who demonstrated cool analysis in the Founders Fund YouTube series "Mafia," has joined the firm as a partner.

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Mar 29, 2023

Roofstock, valued at $1.9B last year, cuts 27% of staff in second round of layoffs

Roofstock, valued at $1.9B last year, cuts 27% of staff in second round of layoffs

Proptech company Roofstock has laid off about 27% of its staff today, according to an email sent to employees viewed by TechCrunch. The cuts come just five months after the startup laid off 20% of its workforce. The company’s website states that it has 400+ employees, or “Roofsters” as they’re dubbed, but it is not […]

Mar 22, 2023

RapidAPI headcount down 82% from fresh layoffs less than two weeks after cutting 50% of staff

RapidAPI headcount down 82% from fresh layoffs less than two weeks after cutting 50% of staff

Rapid (previously known as RapidAPI), a startup that built out an API marketplace valued at $1 billion last year, has laid off another 70 employees less than two weeks after letting go of 50% of its staff, TechCrunch has learned. An affected employee who wished to remain anonymous told TechCrunch that just 42 people remain […]

May 5, 2023

Most Recent

Neil Rimer thinks the AI money is coming back out

Neil Rimer thinks the AI money is coming back out

Neil Rimer, the venture capitalist who co-founded Index Ventures, predicts the historic wealth AI is generating in Silicon Valley will have to be redistributed, voluntarily or involuntarily.

Jul 17, 2026

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models for coding.

Jul 17, 2026

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

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The potential deal highlights a growing trend of complex, multi-stage funding rounds that mask true entry prices.

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Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Ryan Beiermeister, who demonstrated cool analysis in the Founders Fund YouTube series "Mafia," has joined the firm as a partner.

Jul 16, 2026

Similar Posts

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Dec 22, 2025

Indian edtech Unacademy slashes another 12% jobs

Indian edtech Unacademy slashes another 12% jobs

Unacademy has laid off 12% of its workforce, or over 350 roles, in its latest round of layoffs — just over four months after cutting about 350 roles in November. Unacademy co-founder and CEO Gaurav Munjal announced the new layoff decision in a Slack post to employees. “We have taken every step in the right decision […]

Mar 29, 2023

Roofstock, valued at $1.9B last year, cuts 27% of staff in second round of layoffs

Roofstock, valued at $1.9B last year, cuts 27% of staff in second round of layoffs

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Mar 22, 2023

RapidAPI headcount down 82% from fresh layoffs less than two weeks after cutting 50% of staff

RapidAPI headcount down 82% from fresh layoffs less than two weeks after cutting 50% of staff

Rapid (previously known as RapidAPI), a startup that built out an API marketplace valued at $1 billion last year, has laid off another 70 employees less than two weeks after letting go of 50% of its staff, TechCrunch has learned. An affected employee who wished to remain anonymous told TechCrunch that just 42 people remain […]

May 5, 2023