Sequoia-backed GoMechanic fires 70% staff, admits to 'grave errors in financial reporting'

Sequoia-backed GoMechanic fires 70% staff, admits to 'grave errors in financial reporting'

Photo: Pixabay

Sequoia- and Tiger Global-backed GoMechanic has laid off 70% of its employees, as the automotive repair firm struggles to raise funds and admitted to making “grave errors in financial reporting”.