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lay-offs

Alibaba’s South Asian e-commerce unit Daraz to conduct new round of lay-offs

by Walter Watson
Alibaba’s South Asian e-commerce unit Daraz to conduct new round of lay-offs

“Reluctantly, we will bid farewell to many valued members of the Daraz family,” acting chief executive James Dong said in an internal memo published on the company’s website on Tuesday. …

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CoinDesk CEO fired in latest restructuring move

by Isaac Wright
CoinDesk CEO fired in latest restructuring move

CoinDesk CEO Kevin Worth was fired as part of a large-scale restructuring. According to CoinDesk, Worth, who has led crypto media since 2017, lost his job due to a restructuring …

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eBay to slash 1,000 roles, or 9% of full-time employees, joining tech giants Amazon, Alphabet in making job cuts

by Walter Watson
eBay to slash 1,000 roles, or 9% of full-time employees, joining tech giants Amazon, Alphabet in making job cuts

eBay will cut about 1,000 jobs, or 9 per cent of its full-time employees, and reduce work for its outside contractors, saying its staffing and expenses have outpaced growth. The …

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Arm laying off and relocating over 70 engineers in China amid cutbacks in chip industry, including at Qualcomm

by Anas Siddiqui
Arm laying off and relocating over 70 engineers in China amid cutbacks in chip industry, including at Qualcomm

Arm Holdings has recently laid off over 70 software engineers in China though it will relocate some of the roles outside of the Asian nation, according to people with knowledge …

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Autonomous trucking company TuSimple to cease US operations amid new round of lay-offs, focus on Asia-Pacific business

by Anas Siddiqui
Autonomous trucking company TuSimple to cease US operations amid new round of lay-offs, focus on Asia-Pacific business

Autonomous trucking company TuSimple Holdings is set to wind down its operations in the United States amid plans to cut 75 per cent of its remaining workforce in the country, …

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Bending Spoons lays off entire staff of Flimic

by Edgar Davis
Bending Spoons lays off entire staff of Flimic

Milan-based creative app studio Bending Spoons has laid off the entire staff of Filmic, which made popular video and photo editing apps such as Filmic Pro, per a report by …

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Alibaba reassures on founder Jack Ma’s share sale plan and moves to quash lay-off rumours in internal letter

by Anas Siddiqui
Alibaba reassures on founder Jack Ma’s share sale plan and moves to quash lay-off rumours in internal letter

In an internal letter Alibaba Group Holding has clarified details of a plan by the family trust of former chairman and co-founder Jack Ma to sell shares in the e-commerce …

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