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Day: May 24, 2023

May 24, 2023May 24, 2023Ecommerce

Alibaba to layoff around 1,000 employees in cloud division

Alibaba’s cloud arm is laying off 7% of its total workforce, or around 1,000 employees, as the unit prepares for a full […]

May 24, 2023May 24, 2023Finance

First Citizens to Lay Off Around 500 Employees at Acquired Silicon Valley Bank

First Citizens Bancshares, the North Carolina-based bank that acquired Silicon Valley Bank in March, laid off nearly 500 employees on Wednesday. The […]

May 24, 2023May 26, 2023Ed Tech

Brainly to layoff 30% Workforce

Brainly-logo

Brainly, a global online learning community to layoff 30% of its workforce. The layoffs come as the company faces financial challenges and a […]

May 24, 2023May 24, 2023B2B

Ambani’s Jio to layoff 1,000 Employees in B2B Unit

Reliance Industries’ JioMart, led by Mukesh Ambani, is streamlining its operations with the recent acquisition of Metro Cash and Carry, resulting in […]

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