After a record-breaking year in 2021, the FinTech industry experienced a significant downturn in 2022. High inflation, market volatility and recession fears caused investors to...
As food delivery aggregators feel the macroeconomic pressures, some are responding with major layoffs. Just Eat Takeaway’s United Kingdom arm, for its part, is gearing...
Delivery giant Just Eat Takeaway is reportedly cutting 1,700 driver jobs in the U.K. Those jobs will be replaced by gig workers, per published reports...
Amazon is set to lay off 9,000 employees, the latest in an on-going series of job cuts. The layoffs will primarily effect the company’s cloud...
Shortly after announcing widespread layoffs, Deliveroo has pulled ahead of its profitability goals. The United-Kingdom-based multinational aggregator reported in its full-year 2022 financial results Thursday...
Apple is reportedly cutting costs, though not making deep cuts and layoffs like its peers. The tech giant is delaying some bonuses, limiting hiring and...
As consumers cut back on spending due to macroeconomic challenges, Fetch Rewards, a Madison, Wisconsin-based startup that offers a centralized rewards points program for online...
Meta plans to lay off another 10,000 employees after cutting 11,000 jobs in November. The company will also freeze hiring for another 5,000 roles that...
Grubhub’s chief executive is stepping down as economic pressures transform the landscape of on-demand delivery. On Monday (March 13), the Chicago-based aggregator, a subsidiary of...