Vendease restructures employee salaries, seeks fresh funding
Vendease laid off 44% of its workforce, approximately 120 employees, in January. The company has shifted to a performance-based salary system with an Equity Share Option Plan (ESOP).
YC-backed food supply startup Vendease restructures employees’ salaries
Vendease laid off 44% of its workforce, approximately 120 employees, marking its second round of job cuts in five months. The startup has replaced traditional salaries with a performance-based pay system and an Equity Share Option Plan (ESOP).
