Tag: Layoffs
Indian conglomerate Reliance slashed over 42,000 jobs last financial year
Reliance, India’s largest conglomerate, reduced its workforce by 11%, or more than 42,000 people, in the financial year ended March 2024.
The conglomerate also...
Techstars is laying off 17%, ending its J.P. Morgan-backed programs
Techstars is laying off 17% of its workforce and will end its $80 million J.P. Morgan-backed Advancing Cities Program once the fund is...
Bungie employees say they were caught off-guard by 17% staff reduction
Bungie, the gaming company that created sci-fi hits such as Halo, Destiny, and Marathon, has laid off 220 employees, roughly a 17% reduction...
Match Group cuts 6% of staff as it shuts down livestreaming in dating apps
Match Group announced Tuesday that it has discontinued livestreaming services in its dating apps, resulting in a 6% reduction in workforce. The news was...