The $1.5 billion e-commerce startup Fabric announced a stock-buyback program but canceled it abruptly due to market conditions.
"Our work is about making it possible for people to create software and the solutions they need," Stormy Peters, GitHub's VP of communities, said.
A Stripe team of four engineers migrated the code to TypeScript in just one year, Andrew Lunny, a staff software engineer, told Insider.
Coinbase laid off 18% of its staff, or roughly 1,100 people, in June. Other financial tech companies to slash headcount include Robinhood and Better.
One Bolt engineer borrowed nearly $100,000 and then found himself on the hook to repay much of it quickly after being laid off just months later.
Insiders said non-income generating teams, like those working on its NFT, customer support, and recruiting, were hit hardest by the layoffs this week.
Coinbase employees who were recently laid off gave a peek inside the firm as crypto tanked, hiring surged, and spend spiraled out of control.
Last month, the $11 billion fintech startup Bolt laid off over 200 employees, or about one-third of its workforce.
The tech downturn is coming for Eaze.
Fintech startup Bolt held an AMA Wednesday with CEO Maju Kuruvilla where employees probed the executive on the firm's layoff strategy.
After layoffs in April, Robinhood CEO Vlad Tenev said crypto trading would be a driver of future growth. Here are the top obstacles he faces.
Cloud computing firm Fastly announced today it'll be acquiring no code startup Glitch, creating a new "developer engagement" team within the firm.
Block, formerly known as Square, told employees earlier this year that it would be providing equity refreshes.
The tech-stock collapse has decimated the total compensation of many tech workers, some seeing losses up to $400,000.
In this panel, technology reporter Kylie Robison spoke with three tech workers on their journey from different careers into the industry.
Thomas Dohmke stepped into the CEO role at Microsoft-owned GitHub in November, having run product and strategic programs for the company.
On Tuesday, Robinhood said it would cut 9% of its staff. Data shows that downloads of the online trading app have plummeted in recent months.
CEO Amjad Masad said the buy would have "been a lifeboat" for the six-person startup, but that his "religious belief" in Replit's future paid off.
"We didn't have much time to think," one IT worker said of his escape. Russia is facing one of the largest brain drains in its history.
Former employees of the shuttered one-click-checkout startup Fast detail the chaos inside the company's quick demise.