EnterpriseBetaKit25 minutes ago
Thinkific Cuts 30 Percent of Staff
2 min read
Thinkific eliminated 96 jobs, 30 percent of its workforce, in a Wednesday reorganization, CEO Greg Smith said. The Vancouver course platform is abandoning SMB customers to focus on mid-market and enterprise accounts. The cuts cost about $5 million USD but should save $19 million USD annually. Shares jumped 70 percent to $2.10 CAD.
Level
Hype check
Tap to vote and see what everyone thinks.
