Mode Lifestyles Content Network Lays Off 30 US Staffers

Wall Street Journal: Billion dollar-valued Mode Media, a content network for lifestyles and brands, is in the midst of layoffs that come as venture firms place greater scrutiny on startup fundamentals. The company has cut about 30 people in the U.S. and is expected to lay off more people internationally. The company, which was formerly known as Glam Media, filed for an initial public offering in 2013.