Byju’s is cutting 500 to 1,000 more jobs at the firm, this time eliminating several non-sales roles as well, as the Indian edtech giant pushes to improve its finances, according to a person fami
Meesho cut 15% of its workforce, or 251 roles, on Friday as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This
Tech consultancy giant Accenture plans to cut 19,000 jobs, or 2.5% of its workforce, and has lowered its annual revenue and profit forecasts, becoming the latest behemoth to trim expenses in the wake
Poshmark, a Redwood City, California-headquartered secondhand apparel marketplace, is laying off a proportion of its 800+ employees. The reduction is coming about two months after South Korean intern
Green Labs, a South Korean agtech startup that raised $140 million (170 billion won) Series C in January last year, is cutting a significant number of jobs. People familiar with the matter confirmed t
Swiggy plans to lay off 380 jobs and shut down its meat marketplace as the Prosus Venture and SoftBank-backed Indian food delivery giant looks to navigate the market downturn that has forced firms to
Crypto exchange Crypto.com is cutting its global workforce by 20%, it said on Friday, as it navigates ongoing economic headwinds and “unforeseeable” industry events. This is the second maj
Update: Spokesperson Kelly Nantel tells TechCrunch, “As part of our annual operating planning review process, we always look at each of our businesses and what we believe we should change. As we’v
Momentive Global, the parent of the web-survey portal SurveyMonkey, laid off 11% of its workforce this week. Multiple people across divisions — including those handling the business development,
The Vision Fund, a venture capital arm of SoftBank, has launched a sweeping layoff process, cutting at least 30% of its workforce globally, or approximately 150 of the 500 employees, according to a re
IT services giant Wipro has fired 300 employees in recent months who were found to be moonlighting for competitors, a top executive said Wednesday, weighing in on a practice that has gained momentum a
SoftBank-backed Ola plans to eliminate about 200 jobs across its engineering teams over the next few days, on track to shrink its workforce by over 1,200 this year, as the ride-hailing giant streamlin
Kuda, the challenger bank based in Nigeria and the U.K., has joined the ranks of tech companies in Africa that are pruning their workforce. The news of the layoffs, which was first disclosed to TechCr
Journalists care a lot about tension, drama and signal. Oftentimes that looks like good news, like when small scrappy startups get starter capital to take on the public giant, or well-capitalized late
Companies are clamping down on budgets, but startup CEOs shouldn’t assume that costs will go down just because it was decided they need to.
Stripe has laid off some of the employees who support TaxJar, a tax compliance startup that it acquired last year, TechCrunch has learned from multiple sources and firsthand documentation. The layoffs
Wayfair, the online home goods retailer, announced today it was laying off close to 900 employees as a way to reprioritize investment needs and meet the company’s current needs. This comes after the
Cybersecurity giant Malwarebytes has laid off 125 employees, or about 14% of its global workforce. News of the layoffs began circulating on LinkedIn last week, with former employees sharing that they
Kenyan retail B2B and end-to-end distribution platform Marketforce laid off a chunk of its workforce in July, according to sources familiar with the matter. In an email sent from Marketforce CEO Tes
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