3 July 2024 Another round of layoffs has been announced by Redmond, Washington-based Microsoft as part of its ongoing staff restructuring. The computer behemoth, renowned for its wide-ranging product offerings and global presence, has not released precise employment figures for those impacted by these recent layoffs. Information about the Layoffs It has been reported that…
Unacademy, a leading name in India’s educational technology sector, has recently made headlines with a decision to downsize its workforce, affecting 250 employees across departments such as product development, marketing, and sales. This move is part of Unacademy’s strategy to streamline operations and boost efficiency in response to evolving market conditions. According to reports from…
New York: Chegg Inc., a major leader in the education technology sector, has revealed a significant reorganization plan that includes layoffs of 23% of its global staff, or 441 individuals. This decision comes after a significant 20.3% spike in post-market trades following the announcement. Nathan Schultz, Chegg’s President and CEO, stressed the importance of this…
Simpl, a well-known Buy Now, Pay Later (BNPL) firm, has announced its second wave of layoffs in a month, affecting around 30 people. This move followed a May layoff of approximately 160 employees, which mostly targeted high-paying positions in engineering and product areas. Simpl is going through a difficult period, highlighted by significant capital burn…
