- by foxnews
- 07 Nov 2024
Creative tech firm Talenthouse is close to failure as debts mount
Creative tech firm Talenthouse is close to failure as debts mount
- by theguardian
- 12 Apr 2023
- in technology
1.3 k views
Talenthouse, whose clients have included Netflix, Coca-Cola, Nike and the UN, is facing legal action by creditors in the UK and is understood to have laid off most of its workforce, with top executives also departing its parent company in recent days.
Its parent company, Talenthouse AG, has also announced the closure of four other subsidiaries saying they cannot afford to pay outstanding bills, including staff wages.
The news leaves many Talenthouse suppliers, contributors and staff in financial limbo.
In recent years it has struggled financially, with insiders blaming a series of acquisitions that drained money from the business and a wider tech sector downturn. In recent months, staff across the company have been laid off and almost all key executives have departed.
you may also like
- by foxnews
- 07 Nov 2024
iOS 18's new text formatting and effects in messages
- by foxnews
- 07 Nov 2024
Change Healthcare ransomware attack exposes personal health information of over 100 million
travel
- by travelandtourworld
- descember 09, 2016
Seattle's Live Music Festival Lights Up Downtown with Free Concert Access and Special Hotel Perks
The Cloudbreak Music Festival is back for its third year, beginning November 7 and running through November 27, with Seattle’s hotels offering a musical treat to their guests. The festival has grown substantially since its inception in 2021, featuring over 200 artists performing at 34 different venues. The festivities kick off tonight at The Crocodile with performances by Naked Giants and La Fonda starting at 7:00 p.m., with doors opening an hour earlier.
read more