Seattle Companies Calypso Medical Technologies, Pathway Medical Technologies Inc. Most Flush With Venture Cash Are Still Cutting Jobs

Xconomy.com -- When a startup company raises a big wad of venture capital, logic would say they are likely to hire a bunch more smart people. That may have been true in the past, but lately we’ve spotted a disturbing trend: Some of the Northwest companies with the biggest recent VC cash infusions have instead been cutting jobs or imposing hiring freezes. (It also may be a smart business strategy, since who knows what the economy will do, and these companies need to maximize their runway.)