One week after raising $120 million, Indian B2B eCommerce firm Udaan is laying off at least 350 workers in a bid to reach profitability and...
Expense management solution provider Pleo has laid off 150 employees — 15% of its workforce — as it shifts its target from growth to efficiency. ...
Ride-hailing company Lyft is making another cut to its employees by laying off nearly 700 members of its staff, effective Thursday (Nov. 3). In a...
There’s an old business saying that holds that you can’t cut your way to profitability. Chime and its digital peers are going to put that...
Digital bank Chime is cutting staff in what it says is a move to ensure the long-term success of the company. “Today we made the...
Philadelphia, Pennsylvania-based delivery startup Gopuff has cut hundreds of workers as part of an earlier round of layoffs over the summer. Bloomberg News reported on...
Spotify is canceling 11 of its original podcasts a move that will reportedly lead the streaming audio platform to lay off less than 5% of...
Declining profits at iconic tool maker Stanley Black & Decker recently led to cost-cutting layoffs, with reports the firm is laying off 1,000 finance employees...
Two of the world’s largest tech companies have begun to quietly eliminate jobs as they endeavor to cut costs. Facebook owner Meta Platforms has begun...