Rivet Software Severely Chops Staff
Denver-based Rivet Software, which develops XBRL filing software used by companies for public filings, quietly let go of half of its staff, according to a report. Citing "employees familiar with the situation", 9News said Rivet laid off 150 people in Denver, plus another 400 in India. The cuts apparently came due to loss of a partnership with commercial printer RR Donnelley. Rivet Software had, until recently, been in an aggressive hiring mode, and had been trumpeting the number of open positions at the firm just last year.
posted on Friday, June 1, 2012
Related companies:
Rivet Digital SPV I, L.P.
Related stories:
> Rivet Software: 10,000 Financial Filings So Far
> Rivet Software Claims Sales Growth
> Rivet On Hiring Roll
> Rivet Software Hails 2010 Growth
> Rivet Software Sets COO
Techrockies.com Home