LendingClub’s results showed that higher interest rates are cutting into investors’ demand to buy loans. The company said in its earnings materials on Wednesday (Jan....
Bolt reportedly laid off 10% of its workforce on Tuesday (Jan. 24). The Information reported Tuesday that with the layoffs of these 50 employees, the...
Banks are set to undertake the largest wave of job cuts in 15 years amid declining revenues. Industry watchers told the Financial Times (FT) the...
Google parent Alphabet is cutting 12,000 jobs as it adjusts to the current macroeconomic environment. Google and Alphabet CEO Sundar Pichai said in a Friday...
Uber’s CEO says the rideshare/delivery giant has no plans for company-wide layoffs. Dara Khosrowshahi made these comments — reported by Reuters — at the World...
Microsoft is laying off 10,000 workers, part of an ongoing wave of tech job cuts. The layoffs, which represent a little under 5% of the...
Will 2023 be the year Big Tech companies think less big? A report Saturday (Jan. 14) by the Wall Street Journal (WSJ) argues that tech...
It’s been a choppy start to the new year for the crypto industry. This, as millions of customers are out of their entrusted money and...
Crypto.com is cutting its global workforce by 20%. As the company’s co-founder and CEO, Kris Marszalek, stated in a blog post on Friday (Jan. 13),...