Layoffs

Fair Auto Subscription Firm Cuts 40 Pct Of Workforce

Fair Auto Subscription Firm Cuts 40 Pct Of Workforce
Fair Auto Subscription Firm Cuts 40 Pct Of Workforce
October 24, 2019  |  Personnel

Fair, a car startup that lets people own cars flexibly, has been paying attention to the fate of venture-backed startups like Uber and WeWork, who...

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SoftBank-Owned WeWork To Cut 4,000 Jobs
SoftBank-Owned WeWork To Cut 4,000 Jobs
October 23, 2019  |  Partnerships

WeWork, the embattled workspace company that was recently taken over by Japan’s SoftBank, will get rid of 4,000 jobs in an effort to become profitable. ...

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SoftBank, JP Morgan Discuss Bailout To Prevent WeWork Insolvency
SoftBank, JP Morgan Discuss Bailout To Prevent WeWork Insolvency
October 16, 2019  |  Investments

SoftBank and JP Morgan are in talks to rescue WeWork before it runs out of money, which is expected to happen by mid-November, CNBC reported...

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2,000 Staff Getting Laid Off As WeWork Faces Collapse
2,000 Staff Getting Laid Off As WeWork Faces Collapse
October 15, 2019  |  Investments

WeWork will lay off at least 2,000 staff in the coming week — 13 percent of its 15,000 payroll — with thousands of more job...

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Uber Faces Third Wave Of Layoffs Since August
Uber Faces Third Wave Of Layoffs Since August
October 14, 2019  |  Ridesharing

Marking the third round of layoffs since August, Uber has laid off approximately 350 employees across multiple teams in the company with the inclusion of...

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Open Banking Startup Bud Lays Off One-Fifth Of Workforce
Open Banking Startup Bud Lays Off One-Fifth Of Workforce
September 18, 2019  |  B2B Payments

Open banking FinTech startup Bud is reportedly laying off up to one-fifth of its staff just months after announcing a $20 million fundraise, The Telegraph...

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Uber Announces Layoffs Of 400 Marketing Employees
Uber Announces Layoffs Of 400 Marketing Employees
July 29, 2019  |  Ridesharing

Uber has laid off one third of the employees, or 400 people, in its marketing department, according to a report in The New York Times. ...

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Takeout Marketplace Just Eat Makes Round Of Layoffs
Takeout Marketplace Just Eat Makes Round Of Layoffs
July 22, 2019  |  Personnel

On the heels of Just Eat’s merger of customer and restaurant operation teams, Just Eat is shrinking its workforce to get rid of redundancies. Get...

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