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March 30, 2020 04:33 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hvifh8KkCR8/
SMB loans platform Kabbage to furlough a significant number of staff, close office in Bangalore
Another tech unicorn is feeling the pinch of doing business during the coronavirus pandemic. Today, Kabbage, the SoftBank-backed lending startup that uses machine learning to evaluate loan applications for small and medium businesses, is furloughing a “significant number” of its U.S. team of 500 employees, according to a memo sent to staff and seen by […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hvifh8KkCR8/
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