Debt financed companies without clear path to revenue are going to be on hold for a while.
Interesting to keep an eye on the CA EDD Warn Act page and see who else shows up:
https://www.edd.ca.gov/Jobs_and_Training/Layoff_Services_WAR...
Interesting to keep an eye on the CA EDD Warn Act page and see who else shows up:
https://www.edd.ca.gov/Jobs_and_Training/Layoff_Services_WAR...
The data may not be too reflective of the current situation on the ground, however. From the website:
"Note: Executive Order N-31-20 (PDF) temporarily suspends the 60-day notice requirement in the WARN Act. Visit COVID-19: WARN FAQs for more information."