Houston, Texas-based Idera, a portfolio company of brands offering software productivity tools, and the parent of the recently-acquired Bellevue, Washington-based BitTitan, a cloud tools and services provider, has announced that it will layoff 70 BitTitan employees on January 14, 2022.
It is believed that this acquisition was part of a venture capital exit strategy as BitTrain's founder left the company after the acquisition announcement.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?