Personnel
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Blue Apron COO Matthew Wadiak steps down in post-IPO shakeup
Blue Apron announced several changes at the executive level today, including co-founder Matthew Wadiak stepping down from the COO role to become a senior advisor. Wadiak’s changing role comes after a painful IPO for the meal kit delivery service, which first had to reduce its original IPO price and has since seen a significant drop in its share price. Read More
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Dropbox CTO Aditya Agarwal is leaving
Aditya Agarwal, who came to Dropbox via its acquisition of Cove way back in 2012 and was given the CTO role last year, will be leaving the company. Agarwal held the CTO role for about 9 months and was previously the VP of engineering. Agarwal is leaving the company as it begins to aggressively tout its success as a business. Read More
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NerdWallet has laid off 9 percent of its workforce this year
NerdWallet, a personal finance company, laid off six people from its marketing team this week, TechCrunch learned and has since confirmed with NerdWallet. This latest round of layoffs means NerdWallet has cut nine percent of its workforce this year. Taavet Hinrikus hands over CEO reins at TransferWise to cofounder Kristo Kaarmann
A changing of the guard at TransferWise, the unicorn startup based out of London that specialises in providing money-transfer services, typically with better rates than banks and other incumbent providers. The company’s CEO and co-founder Taavet Hinrikus announced that he is stepping down and staying on in a part-time role as chairman and board member. He will be replaced by his… Read More
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BetterWorks and CEO sued by ex-employee for alleged sexually suggestive assault
Beatrice Kim is suing her former employer, BetterWorks, and its CEO Kris Duggan for allegedly assaulting her in a sexual manner during a company retreat. The lawsuit also implicates the startup’s regional VP Matt Hart and VP of People Operations Tamara Cooksey for allowing sexual harassment in the workplace and not taking action after the alleged assault was reported. Read More
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Microsoft confirms layoff reports, reorganization expected to impact thousands
After a week of reports, Microsoft has confirmed its restructuring plans. As we previously reported, the moves are expected to impact thousands at the company as it works to reorganize its sales team. Subsequent numbers have put the headcount at anywhere between “up to 3,000” to closer to 5,000. For its part, Microsoft is refusing to cite specific numbers. Read More
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Uber CEO Travis Kalanick takes leave of absence
Amidst a tough time for Uber, CEO Travis Kalanick’s parents were in a tragic boating accident last month that took the life of his mother. Now to grieve and clear his head before enacting changes at Uber, Travis has told his team he’ll be taking a leave of absence of unspecified length. You can read the CEO’s full letter to Uber below. Kalanick notes that “During… Read More
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Rackspace appoints a new CEO
Rackspace today announced that its board has appointed Joe Eazor as its new CEO, effective June 12. Eazor will replace Rackspace president Jeff Cotten, who stepped in as the company’s interim CEO after former CEO Taylor Rhodes left the company about three weeks ago. At the time, Rhodes said he left Rackspace to become “the CEO of a smaller private company.” That company, we… Read More
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Twitter brings on a new lead for its live video business
Another new hire for Twitter was announced today, but this one is tied more closely to its big push into live video as part of its efforts to differentiate itself from other platforms. Twitter COO Anthony Noto said today that the company has hired Todd Swidler as its global head of Live Business. Read More
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Twitter hires a new GM of revenue products
Meanwhile, at Twitter HQ, the leadership revolving door at the entrance stops spinning clockwise for just a moment as a new face enters the building… Twitter CEO Jack Dorsey today announced that the company has hired Bruce Falck, previously the CEO of adtech firm Turn, as its head of revenue product. Read More
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