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Can A Sale Stave Off Layoffs? VCs Say ‘No’

August 26, 2022 Robert Harrington

Headlines of tech-related layoffs are even more prevalent than reports of the drop in venture funding.

As of mid-August, more than 38,000 workers in the U.S. tech sector have been laid off so far in 2022, according to a Crunchbase News’ layoff tracker. Much of that bloodletting is due to the dip in venture funding startups are realizing, as their runways narrow and hard decisions are made. READ MORE

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