Bitso, Plerk, Ualá, Wildlife, Lemon Cash and Kavak, Latam startups with recent layoffs
Layoffs at startups in the region are part of a new wave of cutbacks that responds in most cases to the recession and ensures liquidity for the coming months.
Layoffs at startups in the region are part of a new wave of cutbacks that responds in most cases to the recession and ensures liquidity for the coming months.
Wynwood House, a Peruvian startup that follows the line of global companies such as Sonder as an alternative to Airbnb, halfway between Airbnb and hotels, raised US$7 million in a seed round that will allow it to continue growing in LatAm and beyond. Forbes Peru broke the news, stating that Wynwood House is already present in Peru, Colombia, Mexico, and Panama, and after the round, it plans to reach Chile, the US and Spain.
Here’s a retail story that doesn’t involve a media network – but don’t worry, it does feature Amazon, AI, and Kansas City. Independent retailer Community Groceries will be the first non-Amazon company to deploy the Amazon One entry gate and Amazon’s Just Walk Out checkout technology. Amazon One grants entry after reading your palm or credit card, while Just Walk Out tracks what customers put in their cart and charges for it. O brave new world.
BetterUp and Stanford Social Media Lab define workslop as “AI-generated content that looks good, but lacks substance.” Their survey of 1,150 full-time desk workers in the U.S. finds that 40% received workslop in the last month, costing $186 per month per employee. For a 10,000-person company, that’s $9 million annually.