So in the last few weeks Rye River have had Niall Phelan leaving them and now are laying off staff in waves. Few let go last week and a few more this week.
What's going on?
Looks like a buyout on the horizon to me.
What's going on with Rye River?
9 years 5 months ago #2
They've been laying off a lot of staff since May- the crowd funding thing was a disaster- they got a pledge of €2,700 out of the €100,000 that they were looking for. I didn't hear about Niall Phelan, where did you see that?
What's going on with Rye River?
9 years 5 months ago #3
"andrew":19k1rmf1 wrote: They've been laying off a lot of staff since May- the crowd funding thing was a disaster- they got a pledge of €2,700 out of the €100,000 that they were looking for. I didn't hear about Niall Phelan, where did you see that?[/quote:19k1rmf1]
The crowed funding was a marketing initiative for what i was told.
I believe they out soured some of the sale or something similar.
is Niall gone?
What's going on with Rye River?
9 years 5 months ago #4
"Seaneh":mxwigjg3 wrote: Niall left last week and even though people have been let go since May it seems to be ramping up the last few weeks.[/quote:mxwigjg3]
WOW, was he not also part owner?
What's going on with Rye River?
9 years 5 months ago #6
"Seaneh":3glplsux wrote: Niall left last week and even though people have been let go since May it seems to be ramping up the last few weeks.[/quote:3glplsux]
WOW, was he not also part owner?[/quote:3glplsux]
Pretty sure he was but no idea of the circumstances behind him leaving. Might still own part of the company buy leaving his salaried position?
