Home buying startup Opendoor lays off ~550 employees, or ~18% of its staff, after higher rates and a shift in prices forced the company to sell homes at a loss (Patrick Clark/Bloomberg)

Kirsten Korosec / TechCrunch:
Internal email: autonomous delivery startup Nuro is laying off 300 people, or 20% of its workforce, to preserve cash, and says it has $1B on its balance sheet  —  Nuro, the autonomous vehicle delivery startup backed by Softbank, Google and Tiger Global Management, is laying off about 300 people …

Nate Bek / GeekWire:
Seattle-based Redfin lays off 862 employees, or ~13% of its workforce, and ends its home-flipping program RedfinNow; its stock is down 96%+ since February 2021  —  Redfin will wind down its home-flipping program RedfinNow and lay off employees for the second time this year as it cuts expenses in response to a slowing housing market.

Meir Orbach / CTech:
Cybersecurity startup Snyk lays off 198 employees, or 14% of its staff, after laying off 30 people in July 2022; Snyk was valued at $8.5B in September 2021  —  The Israeli-founded company raised $530 million at an $8.5 billion valuation last year  —  Israeli cybersecurity unicorn Snyk …

RT Watson / The Block:
Report: Fanatics’ sports NFT service Candy Digital lays off as many as half of its 100-person staff; the startup raised a $100M Series A in October 2021  —  – Despite achieving unicorn status last year Candy Digital decided to let go of a large number of its roughly 100 employees

Bloomberg:
Sources: SoftBank begins laying off Vision Fund employees, with cuts expected to impact over 100 people, or 20%+ of its staff, following massive losses  —  SoftBank Group Corp. has started laying off employees at its loss-making Vision Fund, with cuts expected to exceed 20% of its staff, according to people familiar with the matter.

Kathryn Walson / PhocusWire:
Canary Technologies, which offers hotels guest management and other tools, raised a $30M Series B led by Insight Partners, bringing its total funding to $45M  —  Hospitality tech company Canary Technologies has secured $30 million in Series B funding to expand its team to keep pace with global demand …