layoff

India’s Byju’s to cut up to 1,000 more jobs

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

India’s Meesho cuts 251 jobs to ‘accelerate timeline to profitability’

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

Accenture to cut 19,000 jobs

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 lays off employees just two months after being acquired by Naver

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

Agtech Green Labs is the latest Korean startup to lay off employees 

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

Indian food delivery giant Swiggy to cut 380 jobs

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.com cuts 20% jobs amid ‘significant damage’ to industry from FTX

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

Amazon begins layoffs as economic woes mount

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

The tide is shifting on tech’s layoff wave. Kind of.

SurveyMonkey parent Momentive Global lays off 11% of workforce

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,

SoftBank Vision Fund is reportedly laying off 30% of its workforce, or at least 150 employees

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 group Wipro fires 300 employees moonlighting for competitors

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 to cut 200 jobs in India

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

Nigerian digital bank Kuda is the latest African startup to lay off employees

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

6 industry conversations that don’t scream ‘OMG there’s a tech downturn’

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

In a down market, good messaging isn’t enough for managing international teams

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 employees behind TaxJar, a tax compliance startup it acquired last year

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 to lay off 5% of its workforce, or nearly 900 employees

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

Malwarebytes lays off 125 employees citing ‘strategic reorg’

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 B2B e-commerce platform Marketforce cut about 9% of staff in reorganization strategy

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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