Bringg to Layoff 10% of Employees in Israel
CEO Guy Bloch changes his tune after telling Calcalist earlier this week that “while other companies are cutting back we found ourselves shifting up a gear”
Very few companies have escaped the economic tsunami unleashed by the coronavirus (Covid-19) pandemic, and despite the recent statements by Guy Bloch, the CEO of the on-demand delivery management Bringg Delivery Technologies Ltd. is not one of them. The Tel Aviv-based company has summoned approximately 10% of its employees, on Holocaust Remembrance Day (Tuesday), to a Zoom meeting where they were informed that most of them will be laid off, according to one person familiar with the matter who spoke to Calcalist on condition of anonymity.Bringg has yet to respond to Calcalist’s request for comment. announced earlier this month that it raised $30 million in a Series D funding round.