Butler shows hundreds of employees the door after raising $50M for room service delivery

Butler Hospitality, an on-demand platform for room service and amenities, sent an email to vendors that might have been considered reassuring under other circumstances. “We are writing to inform you [that] room service and catering services will continue as is. All collateral is still functional,” the email read. “We appreciate your loyalty to sticking with us through these times.”

The trouble was, Butler’s roughly 1,000-person workforce had been laid off just days earlier. In fact, most were told that the company had been dissolved.
Source: https://tcrn.ch/3aRmSjN