In early February, GrowthWorks announced that David Levi would remain in the position of President and CEO of GrowthWorks and its managed funds, including the Working Opportunity Fund EVCC Ltd. (WOF) for the medium term. Their press release quoted Levi - “Because of the recent downturn and turbulence in the financial markets I have decided to remain in the role of President and CEO of GrowthWorks and its managed funds.”
Looks like that may not be true for others at GrowthWorks. Suzanne Dingwall Williams of Toronto's Venture Law Associates LLP blogged this morning that a round of layoffs have taken place at GrowthWorks.
Stay tuned for more on this story. If you've got more, please add it to the comments of this post.
GrowthWorks is a recognized leader in the Canadian venture capital industry, specializing in the management and growth of regionally based venture... [more]
Rob Lewis
Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com.
His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University.
When not blogging on...[more]
