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[ad_1] KuCoin, one of world’s largest crypto exchanges, is reportedly facing internal issues. The company has reportedly laid off around 30 percent of its workforce in recent days, after it tightened its KYC policy that is known to have slashed the traffic on its platform. The news of these internal layoffs at KuCoin have stirred … Read more
[ad_1] Uber Technologies said on Wednesday it was cutting 200 jobs in its recruitment division amid plans to keep the staff count flat through the year and streamline costs. The reductions affect less than 1 percent of Uber’s 32,700-strong global workforce and follow the ride-share company laying off 150 employees in its freight services division … Read more
[ad_1] Short-video-based social media app Chingari has laid off around 60 employees as part of its restructuring plan, the company said on Tuesday. Sources said that the total number of fired employees constitutes about 25 percent of the Chingari’s total workforce but the company said that it has laid off only 20 percent of its … Read more
[ad_1] Meta Platforms started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles. Meta in March became the first Big Tech company to announce a second round of mass layoffs, after … Read more
[ad_1] British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the decade to slash costs in the latest tech-sector jobs cull. The layoffs, comprising 42 percent of BT’s workforce, come two days after UK mobile phone giant Vodafone unveiled plans to cut 11,000 jobs or … Read more