Zenefits CEO David Sacks just announced a deal with its investors to give them a bigger chunk of the company in exchange for their agreement not to sue. In May 2015, investors plowed $500 million into ...
At Zenefits, things may need to get worse before they can get better. That's the message new CEO David Sacks shared with employees in an email on Friday, announcing that Zenefits would lay off 250 ...
Zenefits, the software startup that has faced a number of regulatory penalties, said on Thursday it is changing its business to provide software to insurance brokers. In a change of course, Zenefits ...
Veteran HR and Insurance Financial Strategist Brings 25 Years of Experience to Zenefits Leadership Team SAN FRANCISCO--(BUSINESS WIRE)-- Zenefits today announced the appointment of Shaun Wiley as the ...
Zenefits' new leadership is cracking down on its "frat-house feel," banning alcohol in the office after some crude behavior, according to The Wall Street Journal. CEO David Sacks issued the policy ...
In February, Zenefits C.E.O. and co-founder Parker Conrad stepped down from the company he helped build amid regulatory compliance issues and accusations of legal impropriety. The once-high-flying ...
Zenefits will lay off 45% of its employees in an effort to slash costs, according to an internal memo this morning that was obtained by BuzzFeed News, a stark acknowledgment by the embattled human ...
Most of the time, when a founding CEO resigns and a second-in-command takes over, the letter to employees announcing the change is bland. But after a rough couple of months, Zenefits CEO Parker Conrad ...
The fall of Zenefits was swift. In mid-November, The Wall Street Journal reported that the human resources startup had fallen behind on its revenue targets. Two weeks later, BuzzFeed revealed that the ...
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