Truecaller slashes 70 jobs amid declining ad sales
Truecaller’s ad revenue declined by 44%, leading to the layoffs.
Truecaller slashes 70 jobs amid declining ad sales Read More »
Layoffs
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Coinbase to lay off 14% of staff as part of broader restructuring
The restructuring is aimed at addressing market volatility and increasing the use of AI tools to improve efficiency.
Coinbase to lay off 14% of staff as part of broader restructuring Read More »
Meta to cut 10% of jobs, or 8,000 employees, report says
According to an internal memo, Meta plans to begin its sweeping layoffs on May 20.
Meta to cut 10% of jobs, or 8,000 employees, report says Read More »
Snap is cutting 1,000 jobs, 16% of its workforce
The company cites advancements in AI for the cuts.
Snap is cutting 1,000 jobs, 16% of its workforce Read More »
What founders can learn from Anjuna’s layoffs and recovery
In 2021, Anjuna Security was growing fast, hiring aggressively, and chasing a market that seemed limitless. By the end of that year, the venture-backed cybersecurity company had scaled to around 75 employees, building out sales, customer success, and support teams in anticipation of continued hypergrowth. Then 2022 hit.
What founders can learn from Anjuna’s layoffs and recovery Read More »
Meta is cutting several hundred jobs
The cuts will impact employees in the U.S. and other international markets.
Meta is cutting several hundred jobs Read More »
Epic Games cuts 1000 jobs, says Fortnite engagement is down
Epic Games also increased the price of V-Bucks, the Fortnite in-game currency.
Epic Games cuts 1000 jobs, says Fortnite engagement is down Read More »
Sam Altman’s thank-you to coders draws the memes
Altman expresses gratitude for people who knew how to write their code from scratch. The internet replies with salty jokes.
Sam Altman’s thank-you to coders draws the memes Read More »
Digg lays off staff and shuts down app as company retools
Digg laid off a significant number of staff and shut down its app, but says it’s not giving up on the startup.
Digg lays off staff and shuts down app as company retools Read More »
eBay to lay off 800 staff
The latest round of layoffs marks eBay’s third workforce reduction in the past three years.
eBay to lay off 800 staff Read More »