EverC
Is reportedly laying off 10% of its 165-person workforce. The company develops cyber intelligence software that helps prevent online fraud.
Lex
Has laid off the majority of its roughly eight-person staff as the LGBTQ+ social networking site struggles to monetize its product. Last year, the company’s third, Lex raised $5.6 million in seed funding and elevated co-founder Jennifer Lewis from COO to CEO.
Monarch Tractor
Cut “less than” 15% of its 250- to 300-person workforce as part of a necessary reshuffling following a $133 million Series C funding round, TechCrunch has learned.
Kaspersky
Will lay off dozens of employees and leave the U.S. market completely following a U.S. government order that banned the sale of the company’s software due to security risks.