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Trends
Softbank backed Kavak fires staff, cuts spending in Mexico 2022
In order to be ready for a difficult 2023, the Mexican online used-car dealer Kavak has reduced spending significantly and…
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Trends
‘SpaceX Is Elon And Elon Is SpaceX’: Company Senior After Employees Fired For Dissent Letter Against Musk- Know Everything
In a letter, some SpaceX employees criticized the company’s founder Elon Musk for his “harmful Twitter behavior.” However, nine employees…
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Trends
K-12 edtech firm Practically lays off staffers, holds salaries citing funds crunch
Indian edtech companies have fired over 7,000 workers so far this year, citing financial difficulties. K–12 (kindergarten–grade 12) immersive edtech…
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Trends
Another giant tech company making cuts: Amazon reviewing unprofitable units to begin its cost-cutting review.
Another giant tech company making cuts: Amazon reviewing unprofitable units to begin its cost-cutting review. Amazon.com Inc. has asked staff…
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Trends
Meta to lay off 11,000 workers: Why is Facebook’s parent company laying off workers, and what comes next?
Why was Meta forced to lay off thousands of workers, and what does this say about the economy? How will…
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Trends
Facebook parent Meta sacks over 11,000 employees
Over 11,000 people have been let go by Meta Platforms Inc, the company that owns Facebook, and it plans to…
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Trends
Challenges loom for the nation’s largest airline, IndiGo, in the competitive skies
It is the biggest airline in the nation and has long dominated the skies of India. However, IndiGo is feeling…
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Workers abandon the largest iPhone plant in order to avoid Covid-19 limitations
Workers at Apple Inc.’s largest iPhone manufacturing facility in China are leaving to avoid hastily implemented Covid restrictions that have…
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Stories
Elon Musk plans to eliminate 25% of workforce to cut costs
Twitter was acquired by Elon Musk the previous week. Currently, he plans to let go of a quarter of its…
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Trends
Thousands of jobs will be lost at leading technology businesses in 2022 due to layoffs.
Thousands of jobs will be lost at leading technology businesses in 2022 due to layoffs. The benchmark for alluring perks…
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