Tag: job cuts

Snapdeal Lays Off Hundreds Of Workers

Snapdeal Lays Off Hundreds Of Workers

Snapdeal, an online marketplace headquartered in India, is reportedly laying off 500 to 600 employees. The cuts will affect all of Snapdeal’s divisions, including the marketplace, online payment division FreeCharge and logistics business Vulcan Express. The ecommerce company has raised […]

Theranos Lays Off 41% Of Employees

Theranos Lays Off 41% Of Employees

Less than two years ago, Theranos was worth $9 billion and poised to go down in Silicon Valley history for its one-drop blood-testing technology. Now, the embattled company—which has been sued several times for allegedly making false and misleading claims—is […]

Photo by edisona (Pixabay)

Twitter Inc To Cut 300 More Jobs This Week [REPORT]

Twitter is considering slashing its workforce 8% further or about 300 employees, reported Bloomberg on Monday, citing people familiar with the matter. The company will report its third quarter earnings on Thursday and might announce the job cuts before that. […]

Theranos Sued By Investor

Theranos Sued By Investor

Theranos Sued By Investor by PitchBook Theranos is the target of a lawsuit filed by a hedge fund that invested $96 million in the startup, per The Wall Street Journal. The Partner Fund Management suit alleges, among other things, that […]