Tech Investment Company Temporarily Lays Off Most Workers Due to Money Shortage

By
Elara Zavala
1 min read

Disruptive, a technology-focused investment firm, faced a significant cash crunch leading to the furlough of approximately two-thirds of its employees. The firm's Chief Operating Officer, David Tarnowski, mentioned the lack of cash during a Zoom call where he highlighted the negative impact of the fee structure, referring to the firm as 'bleeding' due to this financial strain.

This article is submitted by our user under the News Submission Rules and Guidelines.The cover photo is computer generated art for illustrative purposes only; not indicative of factual content.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings