Canadian firm Clearco lays off 30% of workforce

11:00:00 PM, Wednesday 18th of January 2023 | in business

According to media reports, Clearco, a Canadian e-commerce investor that provides equity-free capital solutions to e-commerce businesses, has laid off 30% of its workforce. According to Tech Crunch, Michele Romanow, a co-founder of Clearco, also resigned as the organization's CEO. This is the second round of layoffs after Clearco fired 125 workers, or 25% of its workforce, back in July.