Topic: staff reductions
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Fintech Bench Lays Off Staff as Industry Struggles Month-to-Month
Bench, an accounting software startup acquired in a distressed sale, has conducted another round of layoffs, cutting dozens of positions across key departments as it struggles to stabilize under new ownership. The company, now owned by Employer.com, faces operational challenges, including custome...
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General Fusion Secures $22M Investor Lifeline to Advance Fusion Power
General Fusion has secured $22 million in new funding from existing investors to support its operations, though this amount is significantly less than the $125 million it originally sought. The company recently reduced its workforce by at least a quarter and activated its Lawson Machine 26 protot...
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