Category

layoff

14Articles

layoff, layoffs, No Hard Paywall, Opinion, Premium Content, Weekly Commentaries

There’s no such thing as a perfect layoff

What goes up must come down. And hey, even a titan like Alibaba once went through a rough patch. Source…

layoff, Masayoshi Son, News, Softbank, SoftBank's Vision Fund

SoftBank Vision Fund said to cut 10% of workforce

The report comes after SoftBank posted a US$17.7 billion loss on valuation of Vision Fund’s investments. Source link

India, layoff, News, Ola, Ride Sharing, Startups, Transportation

Ola cuts 1,400 jobs as revenue drops by 95%

Ola’s decision follows Grab and Uber’s downsizing measures as the ride-hailing sector fights to weather the crisis. Source link

home design startups, India, layoff, livspace, News, Startups

Ikea-backed home design startup Livspace lays off 450 staff in India

It said no downsizing measures are planned for its Singapore office, where business is “looking strong.” Source link

layoff, News, ride-hailing startups, Singapore, Startups, uber

Uber to shut down regional headquarters in Singapore

Uber is also laying off around 3,000 employees globally as it resizes its business amid the pandemic. Source link

Covid-19, Hong Kong, Klook, layoff, News, Startups, travel industry

Klook to reduce headcount, forgo co-founders’ salaries to weather Covid-19 crisis

The startup’s leadership teams are also taking voluntary pay cuts. Source link

africa, andela, cchub, chan zuckerberg initiative, companies, Egypt, hiring, iHub, jumia, kenya, layoff, major, Mark Zuckerberg, New York, Nigeria, Rwanda, Software Development, software engineering, TC, Uganda, web developers

Africa focused Andela cuts 400 staff as it confirms $50M in revenue – TechCrunch

Africa focused tech talent accelerator Andela will cut 400 junior engineers across Kenya, Uganda, and Nigeria, CEO Jeremy Johnson told…

Bukalapak, ecommerce, Indonesia, layoff, layoffs, News, Premium Content, restructuring

Exclusive: Bukalapak sheds hundreds of smart retail, internet-of-things, and marketing roles

Bukalapak said the layoffs are part of its mission to become a “sustainable” ecommerce company. Source link

Ann Arbor, Automotive, ceo, Detroit, driving, Emerging-Technologies, Jim Hackett, layoff, Qualcomm, technology, transport, Transportation, Vehicles, wireless networking

Ford will slash 7,000 salaried jobs by August – TechCrunch

Ford Motor is laying off 7,000 salaried employees as part of CEO Jim Hackett’s restructuring plan to reduce bureaucracy, cut…

42 people, Amazon, banning, Berkshire Hathaway, Buzz, crunch, crunch report, Cryptocurrency, daily, Disrupt, Facebook, hamze, Hands On, ICO, layoff, News, recap, report, review, Silicon Valley, TC, Tech, TechCrunch, technology, tito, tito hamze, trackr

Crunch Report | Amazon, JPMorgan and Berkshire Hathaway are building a healthcare company

Amazon, JPMorgan and Berkshire Hathaway are building a healthcare company, Facebook is banning cryptocurrency ads and TrackR lays off 42…