Lambda School cuts staff and exec pay amid market uncertainty

Lambda School cuts staff and exec pay amid market uncertainty

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/04/22/lambda-school-cuts-staff-and-exec-pay-amid-market-uncertainty/

Online coding bootcamp Lambda School is the latest startup to announce layoffs, writing in a blog post that it’s made the “difficult decision” to cut 19 staff from roles across the company.

The eight members of its executive team, including CEO and founder Austen Allred, are also taking a 15% pay cut, it said.

Lambda School cuts staff and exec pay amid market uncertainty

Apr 22, 2020, 11:27am UTC
https://techcrunch.com/2020/04/22/lambda-school-cuts-staff-and-exec-pay-amid-market-uncertainty/ > Online coding bootcamp Lambda School is the latest startup to announce layoffs, writing in a blog post that it’s made the “difficult decision” to cut 19 staff from roles across the company. > The eight members of its executive team, including CEO and founder Austen Allred, are also taking a 15% pay cut, it said.