Citing formidable market conditions, London open banking startup TrueLayer — valued at $1 billion last year — is laying off 10% of its staff of approximately 443...
Around the world, the once unstoppable growth of tech companies has been called into question by successive waves of layoffs, with sectors whose strength is...
Businesses dealing with high costs and a decline in consumer spending have begun to move away from eCommerce platform Shopify. As Reuters reported Monday (Aug....
Walmart has announced plans to cut about 200 corporate jobs at its headquarters and other offices, according to a report Wednesday (Aug. 3) from The...
Canadian eCommerce company Shopify is slashing 10% of its global workforce or roughly 1,000 people, The Wall Street Journal reported on Tuesday (July 26) citing...
Gopuff will be cutting 10% of its global workforce, along with shutting down dozens of warehouses, according to Bloomberg Tuesday (July 12). The delivery company...
The pandemic has hammered the hotel industry right from the start. Marriott International, for example, furloughed “tens of thousands” of workers back in March as...
The inability of lawmakers and the White House to pass a new stimulus relief package has fueled layoffs as companies say they can’t afford payroll,...
Until now, the Wirecard AG scandal that crippled the German payment company has had little impact on its 1,500 employees worldwide – but that’s about...