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 ...
Cloud HR platform Zenefits may have allowed salespeople to illegally act as insurance agents in at least seven states. According to a BuzzFeed investigative report, the startup let unlicensed brokers ...
Zenefits, the troubled benefits software company that three weeks ago fired its founding CEO, said today that it has laid off 250 employees, mostly in its sales recruiting organization. More from ...
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 ...
Just one year ago, Zenefits earned a monster $4.5 billion valuation. Today, the troubled tech startup is giving it back. Zenefits is moving to appease investors, who were likely incensed by a series ...
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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