Thu, Aug 10, 2023
The gaming platform claims to have 5.2 million monthly active users and distributed over USD 308 million to winners annually.
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Tue, Jul 11, 2023
Earlier in January 2023, Microsoft laid off around 5 per cent of its global employees.
Mon, May 15, 2023
Layoff 2023: Corporate expense management platform Happay, owned by credit Card bill payment provider CRED, has slashed nearly 35 per cent of its workforce as part of a restructuring exercise, the media reported.
A Gartner analysis suggested that forecasted savings tend to become offset by the unforeseen consequences of layoffs within three years and in many cases can be detrimental to shareholder returns in the long term.
Thu, Mar 30, 2023
Gaurav Munjal, co-founder and CEO of Unacademy, announced the latest layoffs in a Slack message to employees. In November last year, Unacademy laid off 10 per cent of its workforce or nearly 350 employees, as funding winter deepens for the Indian startup ecosystem.
Thu, Mar 02, 2023
Nasdaq-listed Thoughtworks has more than 12,500 employees across 18 countries. The company also has a strong presence in India.
Wed, Jan 18, 2023
With the expected layoffs, Microsoft would join Amazon.com Inc and Meta Platforms Inc in conducting retrenchment exercises due to slowing demand and a worsening global economic outlook
Thu, Jan 12, 2023
The long-expected jobs cull at the Wall Street titan is expected to represent the biggest contraction in headcount since the financial crisis. It is likely to affect most of the bank's major divisions, with its investment banking arm facing the deepest cuts, a source told Reuters this month.
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