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One of Chicago's fastest-growing startups has laid off 10% of its staff

Crain's Chicago Business sent this email to their subscribers on May 30, 2023.

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Tuesday, May 30, 2023
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One of Chicago's fastest-growing startups has laid off 10% of its staff

Logistics-software maker Project44 is the latest Chicago tech unicorn to trim headcount as valuations come under pressure.

 
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2023 CRAINS Nominations Due June 2 NOTABLE LEADERS I IN SUSTAINABILITY BREAKING NEWS TUESDAY, MAY 30, 2023 trucks traveling on a highway ONE OF CHICAGO'S FASTEST-GROWING STARTUPS HAS LAID OFF 10% OF ITS STAFF Logistics-software maker Project44 is the latest Chicago tech unicorn to trim headcount as valuations come under pressure.   Read More > LEADERS LIKE YOU ARE ALSO READING The week ahead: Johnson wrestles with firefighter pension bills, holiday weekend violence The week ahead: Johnson wrestles with firefighter pension bills, holiday weekend violence Plus the Illinois congressional delegation weighs its options on the proposed debt ceiling deal.... READ MORE > Greg Hinz: Illinois Republicans start choosing which candidate to back in the 2024 race Greg Hinz: Illinois Republicans start choosing which candidate to back in the 2024 race The presidential contest on the local GOP side looks like it's already turning into a two-person race. Here's who i... READ MORE > How Illinois' $50 billion budget deal got done How Illinois' $50 billion budget deal got done With the economy starting to turn dicey and Republicans in the political wilderness, Springfield Democrats decided ... READ MORE > Lender to auction longtime Winnetka home of Reza's restaurant family Lender to auction longtime Winnetka home of Reza's restaurant family The baronial house was owned by the Toulabi family from 2004 until a lender took over ownership in 2022.... READ MORE > SPONSORED BY NASCAR Sponsorships give brands the lead at NASCAR Chicago Street Race Here's how to drive your brand to the front of the historic sports and entertainment weekend SUBSCRIBE TODAY Join our community of business leaders & get unlimited in-depth reporting on issues impacting your city. This email was sent to [email protected] Manage My Account | Contact Us © 2023 Crain Communications Inc 130 E. Randolph St., Suite 3200, Chicago, IL 60601 United States | | CRAIN COMMUNICATIONS
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