Daily Crunch: Moonlighters eclipsed — Wipro lays off 300 employees who worked for its competitors

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Due to extremely poor judgement, today’s Christine and Hadje Show is brought to you by Hadje and Christine. In the meantime, mark your calendar for September 23rd at 10:00am PDT/1:00pm EDT when we bring you special Twitter Spaces, “Immigration Law for Startups,” featuring Silicon Valley-based attorney and TechCrunch+ columnist Sophie Alcorn. Sophie will discuss immigration issues and answer questions related to startup founders and workers.

Christine and Hadje

TechCrunch’s Top 3

  • No moonlight for you: Wipro, an IT services company, laid off 300 employees it found to be working other similar jobs, including for competitors, Manish reports.
  • “Phone Plan Bar”: Gradient Ventures and Uber CEO Dara Khosrowshahi backed Gigs with $20 million, gender write. The company enables other companies to become a mobile virtual network operator, which is a fancy way of saying mobile phone subscription plans.
  • Money after the chaos: Private equity firm Vector Capital pours $100 million into Malwarebytes, a cybersecurity company, “weeks after it cut 125 jobs.” Carly write.

Startups and VCs

Managing cap tables and equity in high-growth companies can be complex (and sometimes messy), a fact that founders and employees often discover too late, Ingrid reports. That’s spawned a wave of companies building software to help, and today a European leader in the pack is announcing some funding to fuel its own growth. Ledgy builds limit sheet management software specifically for companies and their employees working in different countries and has raised $22 million.

If you’ve experienced any form of harassment on Twitter in the past few years, you’ve probably heard of Block Party. And if you haven’t, lucky you! The company behind the tool just raised a $4.8 million seed roundreports Amanda.

Okay, okay, have it your way. A few more:

Dear Sophie: My EB-2 priority date will be delayed by 2 years! What should I do?

a lone figure at the hedge entrance to the maze, which has an American flag in the center

Image Credits: Bryce Durbin/TechCrunch

Today, Sophie answered three questions about green cards in the EB-1A category for exceptional abilities and multinational managers, EB-2 NIW and with PERM, and EB-3 for professionals. Here is the first one:

Dear Sophie,

I was so close! My priority date for my EB-2 application to register for permanent residence was only nine days from the date on the September 2022 visa bulletin, but now the date on the October 2022 visa bulletin has been pushed back over two years!

I’m a software engineer and wanted to get my green card before I changed jobs, but now I’m rethinking my path. The only thing that stops me is that I have heard that employees will be fined if they leave their employer before actually getting a green card.

what is your advice

“Dazzled by the bulletin.”

Here’s more TC+ to chew on:

TechCrunch+ is our membership program that helps founders and startups get ahead of the curve. You can register here.

Big Tech Inc.

Today was Google Features Day. Ivan wrote about the integration of Assistant reminders and task calendar, in what he called “the latest step in the app cleaner.” Then Sarah there was one for some new ones search tools for green travelers. Meanwhile, Brian there was news from Framework partnering with Google for create a Chromebook which can be fixed by the user.

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