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.