Boosted lays off ‘significant portion’ of its employees

Photo by Amelia Holowaty Krales / The Verge Boosted, the company that basically created the market for electric skateboards, has laid off a “significant portion” of its roughly 130-person team amid a serious cash crunch. Boosted’s CEO Jeff Russakow and CTO John Ulmen said in a blog post on the company’s website that the “Boosted brand will continue to pursue strategic options under new ownership.”“We understand this news will come as a surprise to many