workforce
- Technology
Crypto.com lays off about 20% of its global workforce citing the crypto downturn and the FTX implosion as reasons (Manish Singh/TechCrunch)
Manish Singh / TechCrunch: Crypto.com lays off about 20% of its global workforce citing the crypto downturn and the FTX…
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Supply chain software startup Flexport lays off 20% of its global workforce, or roughly 640 employees; the company was valued at $8B in February 2022 (Riley de León/CNBC)
Riley de León / CNBC: Supply chain software startup Flexport lays off 20% of its global workforce, or roughly 640…
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Sources: crypto lender Genesis Global laid off 30% of its staff, after cutting 20% of its 260 workforce in 2022, and is considering filing for bankruptcy (Wall Street Journal)
Wall Street Journal: Sources: crypto lender Genesis Global laid off 30% of its staff, after cutting 20% of its 260…
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Kraken says it is closing its cryptocurrency exchange services in Japan, operated by Payward Asia, on January 31 2023, weeks after cutting its workforce by 30% (Bloomberg)
Bloomberg: Kraken says it is closing its cryptocurrency exchange services in Japan, operated by Payward Asia, on January 31 2023,…
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TuSimple confirms plans to lay off 25% of its workforce, or an estimated 350 workers, following a rough year for the self-driving trucking company (Rebecca Bellan/TechCrunch)
The year we’ve had: Office Integrator in 2022 — We began 2022 with the goal to make office editor integration…
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Micron reports Q1 revenue down ~47% YoY to $4.09B and plans to reduce its workforce by ~10% over the next year; Micron had 48,000 employees in September 2022 (Ian King/Bloomberg)
Ian King / Bloomberg: Micron reports Q1 revenue down ~47% YoY to $4.09B and plans to reduce its workforce by…
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Bengaluru-based BetterPlace, which offers a SaaS for blue-collar workforce management, raised a $40M Series C extension, bringing its total funding to ~$80M (Vibhuti Sharma/DealStreetAsia)
Vibhuti Sharma / DealStreetAsia: Bengaluru-based BetterPlace, which offers a SaaS for blue-collar workforce management, raised a $40M Series C extension,…
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Sources: TuSimple plans to cut at least half its workforce, or ~700 employees, next week, as it scales back on building and testing self-driving truck systems (Heather Somerville/Wall Street Journal)
Heather Somerville / Wall Street Journal: Sources: TuSimple plans to cut at least half its workforce, or ~700 employees, next…
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