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Daily Crunch: Salesforce CEO admits ‘we hired too many people’ as company lays off +7,000 employees

TechCrunch

The company was hit with over $410 million in new fines from the European Union due to the number of “General Data Protection Regulation (GDPR) complaints over the legal basis [Meta] claims [it has] to run behavioral ads,” Natasha L writes. Big Tech Inc. Startups and VC. You can sign up here.

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The Station: Rivian trims its workforce and a supply chain-tainted earnings season begins

TechCrunch

Rutgers University researchers are using VR to help determine the feasibility of pop-up bike lanes in New Jersey. We love to see tech helping bikers stay safe. Kodiak Robotics completed a commercial run between Texas, California and Florida for 10 Roads Express , as part of a pilot program with the USPS mail carrier.