BloomTech CEO Austen Allred says private equity is often used as a softer label for mass layoffs, masking deep workforce cuts. He cites cases where companies sl

BWB News TV • 2026-08-04 14:21 UTC • By Billy Odell Tucker-Robinson

BloomTech CEO Austen Allred says private equity is often used as a softer label for mass layoffs, masking deep workforce cuts. He cites cases where companies slashed up to 75% of staff.

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