Click here to join our community of experts to get information on job search, salaries and more.

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

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