Bolt CEO Cuts Staff a Third Time as Revenue Lags


Bolt, the one-click checkout startup that slashed staff at least twice last year as growth fell short of its goals, laid off around 10% of employees on Tuesday, or at least 50 people, according to two people with direct knowledge. In total, the company, which previously raised $1 billion from investors, has cut more than half of its headcount since May 2022. The most recent…
This story appeared on theinformation.com, 2023-01-25.