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Closing a Business
More Posts on Closing a Business
The decision threatens the jobs of 33,000 people.
It's important to lead like a boss particularly when you've made the command decision to close it down.
Facing lawsuits from attorney generals, DraftKings founders not only had to fight legal battles but also had to figure out how to keep their business afloat.
The company says nearly 4,000 employees will be affected by the closures.
The struggling apparel retailer is focusing on its North American market to revive its fortunes.
The company, founded in 2014, said on Thursday that would cease operations this week after failing to raise more funding to support itself.
In an email to its partners on Monday, the company said Google Compare would end on March 23.
The company's co-founders are reportedly joining Google.
The paradox of entrepreneurship is that you must never quit and you must know when to embrace failure.