Quantum of solace: Rigetti to cut workforce as it faces Nasdaq delisting

Appoints new CFO, CTO, chops 1 in 4 staffers

Quantum startup Rigetti is to shed about 28 percent of the workforce as part of an updated business plan that includes revising its technology roadmap and focusing on nearer-term strategic priorities. The move follows earlier warnings that the company was in danger of being delisted from the Nasdaq stock exchange due to a slump in its stock price.…

from The Register