Sidecar health lays off half of company
CTO said they had funding for years and then Lays off half of company (~130 ppl). Absolute 🤡 💩 company. Avoid like the plague# #SidecarHealth #Sidecar #layoffs
Lol fuck. got this a week back. Direct impact on lives of 20+ millions my ass ..
Lol respond with “I would rather not work at a 🤡 show”
OnE biLlIoN
Change username to sidecar health
What kinda of name is sidecar ? I would think they were some kinda automative or e-scooter company ? But insurance..
The layoffs are just starting, it will be worse in 2023.
Glinda big companies will just layoff. Do you think startups and small businesses will get acquired or just go bankrupt
My software M&A firm is frantically busy with small companies wanting to go to market. The last time I saw this type of behavior was in 2008 and 2009, right before the last downturn. There is plenty of private equity money still available, but buyers are getting pickier regarding our clients' balance sheets and recurring revenue. To answer your question, Microsoft, companies with proven products in growing markets will have an easier time getting through the downturn than companies with first-to-market technology in yet to develop sectors.