Luminar Cuts 30% of Workforce Amid Restructuring and Cost-Saving Measures
Luminar Technologies, a company that develops autonomous driving technologies, stated that it will be laying off ...
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Tag: Restructuring
EV Battery Maker Northvolt Cuts Jobs Amid Financial Struggles
A rise in financial difficulties has hit Northvolt, a Swedish company that is leading Europe's EV ...
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OpenAI Considers Shifting from Nonprofit to For-Profit Model
OpenAI, the AI research group behind ground-breaking innovations like ChatGPT, is reportedly thinking about making a ...
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WazirX Hack: Only 55% of Funds to Return, Says Exchange
The Indian cryptocurrency exchange WazirX is now dealing with the consequences from a significant attack that ...
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Qoo10 Undergoes Massive Layoffs: 80% of Workforce Affected
The major layoffs announced by Singapore-based e-commerce company Qoo10 will affect about 80% of its workforce. ...
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IBM to Cut 1,000 Jobs in China, Likely to Move Some Offices to Bengaluru: Report
The well-known tech giant International Business Machines Corporation (IBM) is about to restructure its Chinese business ...
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GoPro to Reduce Workforce by 15% in Restructuring Move
GoPro, the well-known action camera manufacturer, has announced a significant reduction in its workforce, planning to ...
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Mastercard Plans Lay Off about 1000 Employees
Mastercard has announced plans to lay off 3% of its global workforce, which translates to approximately ...
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Sonos Lays Off 100 Employees Amid Ongoing App Crisis
Sonos, the popular audio electronics company known for its high-quality speakers, has laid off approximately 100 ...
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Tech firm Avaya to fire 180 employees amid restructuring process
Recall that Avaya, a major participant in the telecom space, just announced another wave of layoffs ...
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