ByteDance begins laying off 10% of employees
We saw that in the last 2 years, ByteDance was recruiting in a big way, with more than 100,000 people recruited by them. But do you know the reason behind this? Why are they getting
We saw that in the last 2 years, ByteDance was recruiting in a big way, with more than 100,000 people recruited by them. But do you know the reason behind this? Why are they getting
According to a Jan. 2 story by South China Morning Post, Justin Sun has maintained that the cryptocurrency exchange Huobi is not conducting mass layoffs. The South China Morning Post referenced prior claims from the
Swiggy fell twice in 2022 to Rs 3,629 crore. Hence, this large company is planning to cut down its workforce to reduce the cost. The year 2022 was not good for many businesses. The giant
South China-A wave of job cuts among China's giant technology companies has sent the domestic market into neighborhoods where waves of tech professionals -- with higher salaries and housing perks -- have driven up prices
Fintech is a major of PayU. Now PayU in India is laying off 150 employees which are nearly 6%. The layoffs at the Naspers-owned company are spread across teams. Mostly it affects PayU's India unit
Many businesses have cut their workforce this year. They want to reduce the cost as there is no profit in the current market. StockX - A sneaker retailer cut its staff in June 2022. He
TuSimple Holdings Inc., a company that manufactures self-driving trucks, stated on Wednesday that it will lay off 25 percent of its workforce as part of a reorganization effort. The change impacts around 350 people, with
This announcement is done by Micron when results for its first quarter came to them, which ended on 1st Dec 2023. The company also announces in the recent US Securities and Exchange Commission, the restructuring
Recently, Tesla announced a hiring freeze, which will come into force soon. Many reports are indicating that Tesla will bring this layoff into the ground in the upcoming quarter between January to march. All this
LeafLink is a well-known cannabis tech company, in New York. This week this company laid off 80 workers, which is around 44% of the workforce. By December about 180 workers had left the platform. Via
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