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April 22, 2015 10:12 pm GMT

Taxi App Hailo Lays Off More Staff, Preps Another Round Of Funding

hailoYellow lights ahead for Hailo? We have heard, and now confirmed, that theLondon-basedtaxi-hailing startupthat competes against the likes of Uber for on-demand car servicesis layingoff staff. As part of a reorganization, 17 people, or about 11% of its full staff of 150 people, were let go earlier this week — a move that the company’s CEO says is being made to focus more… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/c_kDki3gj-M/

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