53 mins ago | 2 mins read Editors News Elon Musk intends to fire over 7,000 Twitter employees in the coming months. Twitter’s current management is also planning to reduce the company’s payroll by abo...
Tag: workforce
Musk Plans To Cut 75% Of Twitter Workforce, Report Says
Topline Billionaire Elon Musk plans to shrink Twitter’s staff by nearly 75% after his long-delayed deal to take over the social media company closes, according to the Washington Post, in a massi...
Gopuff Slashes 10% Of Its Workforce, Microsoft Reportedly Cuts Nearly 1,000 Employees—Here Are The Biggest U.S. Layoffs This Year
Delivery startup Gopuff started cutting 10% of its workforce on Wednesday while tech giant Microsoft reportedly laid off roughly 1,000 employees across multiple divisions, sources told Axios, as emplo...
India ranks third in the world in terms of Web3 workforce size: Report
According to a new study published by the National Association of Software and Services Companies (NASSCOM), a nonprofit organization in India with over 3,000 members, the country currently possesses ...
Weeks Before Replacing its Top Executives, NYDIG Dismissed 30% of its Workforce (Report)
New York Digital Investment Group (NYDIG) – an investment management firm that offers a wide variety of bitcoin services – reportedly laid off around one-third of its staff in September. Not long ago,...
Beyond Meat to cut 19% of its workforce as sales, stock struggle
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Beyond Meat plans to cut 19% of its workfo...
Beyond Meat cuts 19% of workforce, including alleged nose-biting COO, stock plunges
Beyond Meat is letting go of an executive who allegedly bit someone’s nose outside of a football game last month as part of a 19% reduction in the plant-based meat company’s global workfor...
Intel’s Workforce Reduction and Organizational Restructuring Not Enough, Fears Analyst
BofA analyst Vivek Arya maintained an Underperform on Intel Corp (NASDAQ: INTC) and a $30 price target. Two separate media reports suggested INTC’s plan to reduce its marketing and sales headcount by ...
WazirX Removes 40% Workforce Due to Bear Market Impact ⋆ ZyCrypto
Advertisement     Indian crypto exchange WazirX has laid off nearly 40% of its 150-strong workforce. The company cited bear market impacts as the reason for reducing t...
India’s WazirX Lays Off 40% Of Workforce, Triggered by Market Hardship
WazirX, a cryptocurrency platform based in India, has laid off several employees, a move that aims to make the exchange remain financially stable amid the ongoing market downturn. Three sources with k...
Report: Indian Exchange WazirX Feels the Pinch, Lays off 40% of Workforce
WazirX, a top Indian Crypto exchange on Saturday cut its workforce by 40% following the prolonged crypto downturn. Reports revealed that about 40-70 employees of the company’s 150 workforces were aff...
SoftBank Vision Fund to Cut 30% of Global Workforce
According to Bloomberg reports, the investment department of the Vision Fund under the Japanese multinational company SoftBank Group is preparing to lay off 30% of its global employees, a total of abo...
Vast Majority Of Manufacturers Plan Price Increases In 2023, According To New Poll By Forbes, Xometry And Zogby
Most Manufacturers Say They’ll Continue Hiking Prices Into 2023 As Inflation Persists. Inflation has been rising, and if the expectations of manufacturing CEOs is an indication, it’s not going to let ...
Want To Solve Retail’s Workforce Challenge? Think Omni-Connected Experience
Portrait Beauty Product Shop Manager Smiling To Camera. getty The Retail industry has a seriously big challenge on its hands. Attracting and retaining workers. After two years of disruption, and worri...
Higlobe, Inc. Raises $14 Million to Eliminate International Fund Transfer Fees for the Global Workforce
Former Google and Spotify exec launches subscription-based, international money-transfer service Higlobe saves users on average 1-6% in transaction commissions, allowing freelancers and small business...
China’s Factories Accelerate Robotics Push as Workforce Shrinks
China installed almost as many robots in its factories last year as the rest of the world, accelerating a rush to automate and consolidate its manufacturing dominance even as its working-age populatio...
Fintech Banking Platform TrueLayer Says it will Reduce 10% of its Workforce
Global Open Banking platform, Truelayer has announced its intention to reduce its workforce by 10%, following a blog post published by the fintech firm earlier this week. Francesco Simoneschi, CEO and...
Amber Group’s Workforce To See A Reduction of 5%-10% This Year
Blockchain company Amber Group will see a reduction of its workforce in the range of 5%-10% this year. The Singapore-headquartered firm has about 900 staff on its rolls, increasing from around 200 to ...
Goldman Sachs to cut workforce due to a 23% YoY revenue drop
The global macro trends are piling on worries onto businesses across the globe; with the increased hiring spree post-Covid, it seems that the time for layoffs has come, spurred on by rising inflation ...
Amber Group has Laid off up to 10% of its Workforce this Year
Cryptocurrency trading platform Amber Group claims it has laid off up to 10% of its workforce so far this year due to sluggish market conditions. Tiantian Kullander, the co-founder of Amber Group, sa...
Polygon (MATIC) to Increase Workforce by 40% Amidst Crypto Winter
Polygon plans on ramping up its hiring by increasing its staff complement by up to 40% during an ongoing crypto winter. Polygon (MATIC), an Ethereum (ETH) scaling and infrastructure platform, is plann...
Mercado Bitcoin layoff 15 percent of its workforce
Join Our Telegram channel to stay up to date on breaking news coverage Mercado Bitcoin, a Brazilian-based crypto exchange, has laid off 15% of its workforce. The exchange announced the development in ...
Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes – Exchanges Bitcoin News
Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states...
I Salute American Labor
Workers making rubber footwear at the the B. F. Goodrich Company factory in Akron, Ohio, USA, circa … [+] 1935. (Photo by Archive Photos/Getty Images) Getty Images As many Americans celebrate La...
Swyftx reduces workforce by 21 percent
Swyftx, a crypto exchange based in Australia, has reduced its workforce by about 21 percent. The exchange confirmed the development in a blog post on its official handle. According to Swyftx, the ling...
The crypto bear market is causing industry-wide workforce reduction
As the crypto bear market continues, organisations across the industry are reducing their workforce to tackle massive financial losses. The cryptocurrency industry has met the sharp end of the global ...
Hodlnaut dismisses 80 percent of its workforce
Hodlnaut, a Singapore-based crypto lender, has laid off over 80 percent of its workforce. The crypto lender confirmed the development in a blog post. Additionally, Hodlnaut applied to be put under jud...
Hodlnaut Slashes 80% of Workforce Ahead of Application For Singapore Judicial Management
Hodlnaut is the latest name under the layoff effect across the industry. The cryptocurrency lending platform has applied for judicial administration and laid off most of its employees in an effort to ...
Prominent Australian Exchange ‘Swyftx’ Lays off 21% Workforce
26 mins ago | 2 mins read Exchange News The crypto exchange announced in June that they will be combining with Superhero. Swyftx is the latest cryptocurrency company to experience growing pains. To co...
BingX Increases Global Workforce Despite Market Downturn
The world’s leading social trading exchange BingX has announced it is actively hiring roles for its company across. More than 200 positions are to be filled globally. Amid market downturns, BingX has ...
Australian Crypto Exchange Swyftx Cuts Its Workforce By 21% Amid Bear Market
The low prices of cryptocurrencies have lowered crypto services platforms’ income. As a result, it forced many crypto exchanges to lay off their staff to fight the challenging global economic conditio...