Tag: thnc
Posted in General
Thinkific makes more layoffs as part of push towards profitability
Cuts hit 19 percent of staff as Canadian tech continues to feel impact of downturn. Vancouver-based software company Thinkific Labs has announced another round…
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Thinkific sees revenue rise, net loss jump in Q1 2022, following recent layoffs
During the first quarter of 2022, Thinkific Labs posted 42 percent revenue growth and a much higher net loss compared to the same period…
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Following 2021 losses, Thinkific to lay off 100 employees
Layoffs to impact one-fifth of Thinkific’s 499-person team. Vancouver-based Thinkific Labs has announced plans to lay off 100 employees after recording a net loss…
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Thinkific CEO describes layoffs as effort to preserve cash amid tough capital-raising environment for public companies
Company’s share price has risen 13 percent since layoffs were announced. Earlier this week, Thinkific Labs announced plans to lay off 100 employees—approximately 20…