ScaleFactor: ScaleFactor is shutting down after coronavirus craters sales

After several years as one of Austin's fastest rising startups, ScaleFactor on Tuesday told its employees it will be shutting down in a few months. Half of the company's 100 employees were told during a town hall meeting that they'd be laid off immediately, with the rest of the team diminishing by August to about 10 employees who will close things down. Laid-off employees will be offered 12 weeks severance and health care coverage until the end of the year. Austin Inno covers the entrepreneurs,...