factory

BigBear.ai

corporate_fare

Data

where_to_vote

Baltimore

paid

Funding Stage - IPO

person

Layoff Count - 20

Posted on September 08, 2022

Columbia tech company BigBear.ai to lay off 7% of its staff amid cash flow issues

BigBear executives did not share an exact figure for the cash burn but its second quarter filings show that it lost nearly $32 million in cash from operating activities and about $4.8 million in cash from investing activities over the first six months of the year.At that rate, the com