Carta lays off 10% as CTO lawsuit looms

Carta, an equity management platform that was last privately valued at $7.4 billion, has cut 10% of its staff, confirming earlier rumors that a workforce reduction was going to happen. Judging by LinkedIn data, the layoff could have impacted around 200 employees. Today’s layoff is around the same size as its 2020 workforce reduction, an … Continue reading Carta lays off 10% as CTO lawsuit looms