https://techcrunch.com/2020/04/13/clearbanc-cuts-number-of-staff-to-navigate-long-term-economic-impact-of-covid-19/

Clearbanc, a Toronto-based company that funds startups through equity-free investments, has laid off 17 employees to help it navigate the long-term economic impact of COVID-19, TechCrunch has learned.

The cuts impact about 8% of the staff, with affecting roles ranging from office managers, recruiters, and sales. Co-founder Michele Romanow says the company will use its connections to assist those affected by the layoffs to search for other work, and offer extended benefits through the end of the financial quarter.