News aggregator SmartNews lays off 40% of US and China staff, with further reductions planned in Japan

SmartNews, a Tokyo-headquartered news aggregation website and app valued at $2 billion as of 2021, today announced a 40% reduction of its U.S. and China workforce, or around 120 people, according to sources familiar with the company’s plans. The news was announced on Thursday in an All-Hands meeting attended this evening by SmartNews staff. The … Read more

CES 2023 debrief

It’s a strange week. Strange and strangely familiar. You stay at the same hotel in a nearly identical room to the one you stayed in for the last 10 years or so. You see friends and colleagues you’ve not seen in a while. Everyone is three years older and a bit worse for wear. A … Read more

Crime reporting app Citizen lays off 33 employees

Citizen laid off 33 staff members on Wednesday, the company confirmed to TechCrunch. “We are grateful to all of our departing team members for their contributions to Citizen and are committed to supporting them through this transition with a generous severance package that includes accelerated option vesting and extended exercise window, six months of COBRA … Read more