Houzz lays off 155 employees, cuts executive salaries
https://techcrunch.com/2020/04/21/houzz-lays-off-155-employees-cuts-executive-salaries/
Houzz, an online platform for home renovation and design, has laid off 155 employees, roughly 10% of its staff, per an internal memo obtained by TechCrunch. Executive salaries also took a cut.
The company, last valued at $4 billion, confirmed the content of the memo in a statement to TechCrunch.
Houzz lays off 155 employees, cuts executive salaries
Apr 21, 2020, 8:19pm UTC
https://techcrunch.com/2020/04/21/houzz-lays-off-155-employees-cuts-executive-salaries/
> Houzz, an online platform for home renovation and design, has laid off 155 employees, roughly 10% of its staff, per an internal memo obtained by TechCrunch. Executive salaries also took a cut.
> The company, last valued at $4 billion, confirmed the content of the memo in a statement to TechCrunch.