Modsy confirms layoffs, 10 months after announcing its $37M Series C
(WorldNews Germany)

Modsy, an e-commerce company that creates 3D renderings of customized rooms, has confirmed to TechCrunch that it laid off a number of staff. In addition, several of its executives, including CEO Shanna Tellerman, will take a 25% pay cut. TechCrunch first heard about the layoffs from a source. The company´s confirmation of cuts comes amid a wave of layoffs in the technology and startup communities. In a statement from the CEO Shanna Tellerman to...