California-based electric scooter rental company Bird recently laid off 30% of its workforce at once over a live Zoom conference call, due to the financial impact of the coronavirus on the business.

It is reportedly the fastest start-up to have achieved a $1 billion valuation, also known as “unicorn” status, but its business has been ground to a halt by lockdown measures due to the pandemic.

Continue Reading on CNBC

This site uses cookies to provide you with a personalized browsing experience. By using this site you agree to our use of cookies as explained in our Privacy Policy. Please read our Privacy Policy for more information.