Financial Struggles Lead to Layoffs at Bill Gates-Backed Startups
1 Articles
1 Articles
Financial Struggles Lead to Layoffs at Bill Gates-Backed Startups
Two startups heavily invested in by Microsoft Corp. Founder Bill Gates are facing significant employee cutbacks as they grapple with financial difficulties. AgBiome, an agtech startup based in North Carolina, is considering laying off all 123 of its employees. The layoffs began in October and are expected to continue through December. Even Co-CEOs Scott Uknes and Eric Ward find themselves on the layoff list. AgBiome, which has received substanti…
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