As India sees COVID-19 cases quickly climb for the seventh day in a row as of Tuesday (May 26), Uber, like most businesses in the...
The biggest reorganization in HSBC’s history could get even larger as more cuts are requested by the board following the economic fallout from the worldwide...
Uber plans to cut 3,000 more jobs and close 45 offices — all while eyeing other cutbacks as the COVID-19 economy keeps pummeling the ride-hailing...
Swiggy, India’s biggest food delivery startup, is laying off 1,100 workers as the coronavirus pandemic takes an economic toll on businesses across the globe. Get...
In order to “realign its operational focus to support its business-to-business solutions and IT services business units and improve costs,” Office Depot is planning to...
A recent economic survey forecasts that 42 percent of layoffs will bring about permanent job losses. In a televised interview on CNBC, University of Chicago...
Zomato, one of India’s most popular food apps, is downsizing its workforce by 13 percent and cutting pay for its remaining employees due to the...
The Estonia-based rideshare unicorn Bolt — Uber’s main competitor in Europe — said it isn’t laying off any workers despite a 75 percent drop in...
The conventional wisdom may be that larger firms — especially public ones — are able to weather the economic storm more adroitly than smaller brethren....