Technology
Layoffs hit Olo after acquisition by private-equity firm
The restaurant tech supplier said the changes were made as part of its transition to new ownership under Thoma Bravo. It was not clear how many jobs were cut.
Financing
Sweetgreen is cutting 10% of its support center workforce as sales and traffic plunge
The fast-casual salad chain is increasing portion sizes and getting rid of Ripple Fries after same-store sales fell 7.6% last quarter, sending its shares down more than 20%.