Ritual lays off 16 percent of staff to “prepare for a recession”
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R|T: The Retail Times – Market downturn hits Ritual, Bonsai, Sonder

Plus: Amazon is running out of people to hire. The Retail Times is a weekly newsletter covering retail tech news from Canada and around…

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Collision 2022
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#CollisionConf AMA: a tech downturn vibe check

Our voices may have dropped a few octaves. This podcast was recorded at 10 pm on day three of Collision. “So are you saying…

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After raising over $1 billion USD in the last year, Faire CTO says startup is poised for growth during market downturn
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After raising over $1 billion USD in the last year, Faire CTO says startup is poised for growth during market downturn

Despite present conditions, Faire hasn’t paused or slowed hiring, or made any layoffs. Flush with cash and armed with a new Toronto office, Kitchener-Waterloo…

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ApplyBoard CEO says market downturn isn’t slowing down international expansion or IPO plans
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ApplyBoard CEO says market downturn isn’t slowing down international expansion or IPO plans

CEO says ApplyBoard’s large cash reserves, “counter-cyclical” education market give startup room to grow. ApplyBoard co-founder and CEO Martin Basiri believes the Kitchener-Waterloo-based EdTech…

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