Moonlighters eclipsed — Wipro lets go of 300 employees who were working for its rivals

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By Christine Hall and Haje Jan Kamps

Wednesday, September 21, 2022

Due to excessively poor judgment, today’s Christine and Haje show is brought to you by Haje and Christine. Meanwhile, mark your calendar for September 23 at 10:00 a.m. PDT/1:00 p.m. EDT when we bring you a special Twitter Spaces, “Immigration law for startups,” featuring Silicon Valley–based attorney and TechCrunch+ columnist Sophie Alcorn. Sophie will discuss immigration-related issues and answer questions relevant to startup founders and workers.

Christine and Haje

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Image Credits: Dhiraj Singh / Bloomberg / Getty Images

The TechCrunch Top 3

  • No moonlighting for you: Wipro, an IT services company, fired 300 employees that it found were also working other similar jobs, including for competitors, Manish reports.
  • “Stripe for phone plans”: Gradient Ventures and Uber CEO Dara Khosrowshahi backed Gigs with $20 million, Paul writes. The company enables other companies to become a mobile virtual network operator, which is a fancy way of saying mobile phone subscription plans.
  • Cash after chaos: Private equity firm Vector Capital infused $100 million into Malwarebytes, a cybersecurity company, “weeks after laying off 125 employees,” Carly writes.

Startups and VC

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

If you’ve experienced any form of harassment on Twitter in the last couple of years, then 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 round, reports Amanda.

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

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

Today, Sophie answered three questions about green cards in the EB-1A category for extraordinary ability and multinational managers, EB-2 NIW and with PERM, as well as EB-3 for professionals. Here’s the first:

Dear Sophie,

I was so close! My priority date for my EB-2 application to register permanent residence was just nine days from the date listed in the September 2022 Visa Bulletin, but now the date in the October 2022 Visa Bulletin has gone back more than two years!

I’m a software engineer and wanted to get my green card before I change jobs, but now I’m reconsidering my path. The only thing holding me back is I’ve heard that employees will be fined if they leave their employer before they actually get the green card.

What’s your advice?

— Bumped by the Bulletin

Here’s more TC+ to chew on:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here

Read More

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

Image Credits: Bryce Durbin/TechCrunch

Big Tech Inc.

It was a Google features kind of day today. Ivan wrote about the integration of Assistant and Calendar reminders with Tasks, in what he called the “latest step of the app cleanup drive.” Then Sarah had one about some new search tools for eco-conscious travelers. Meanwhile, Brian had news from Framework, which is partnering with Google to create a Chromebook that is user-repairable.

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