Montréal Startup formalized August dismissal shortly after the general director transmits the co -founder of Bonlook Sophia Bulanger.
The startup of the production of textiles SRTX made its temporary dismissals permanent for 92 employees.
The company temporarily reduced 40 percent of about 350 employees in February, since it was engaged in the duties imposed by the United States.
The creator of Sheertex made an official innings At the beginning of this month, with the government of Quebec, saying that it fired employees in early August for economic reasons.
Company Temporarily cut 40 percent (about 140) of his approximately 350 employees in February, since he considered the duties imposed by the United States. When SRTX was called the co -founder of Bonlook Sophie Boulanger How is his new general director Earlier this month, the company told Betakit that since then it has established “more than a third of its employees”, which has been equated with 46 remaining employees.
Founded in 2017 as Sherly Genius, based in Montreal, SRTX makes Sheertex RIP-resistant tights, which consist of a unique durable polymer several times stronger than steel wire. SRTX also develops two B2B products: Cortex, software production solution and WaterTex, a patent water -repellent tissue.
CONNECTED: SRTX name of the co -founder Bonlook Sophie Bulanger New General Director
Founder Katherine Khomut went down In March to help the company safe Such a necessary fundraising deal in the amount of 40 million US dollars to survive the influence of US tariffs that would impose a huge tax on consumer orders, According to the founderThe field to the transaction that was dependent on its departure, the clamp said that SRTX required 23 million US dollars in joint -stock funding by the end of the first quarter of 2025 to become profitable.
While financing was really bought by SRTX Time, a deal with a “game for the game” was diluted with non -participating investors and reduced SRTX from 325 million US dollars to 95 million US dollars. After a short work with the financial director of Timothy Lane, as a temporary leader, Boulanger received the best work at the beginning of this month. SRTX told Betakit that Boulanger will appreciate the needs of the state “to ensure that SRTX has the right team to support sustainable growth.”
The clamp continued to establish a new software enterprise, ElementAnd develops set of standards To help the founders agree on their working conditions.
